The Confederation of Real Estate Developers' Associations of India (CREDAI) Visakhapatnam Chapter has officially launched the brochure for its highly anticipated 10th Property Expo on Saturday.

The three-day event, scheduled to take place at Gadiraju Palace and Convention Center on Beach Road from November 29 to December 1, aims to provide a comprehensive platform for homebuyers and real estate stakeholders.

"Our goal is to bring all stakeholders under one roof, making it easier for potential homebuyers to make informed decisions about their dream homes," said CREDAI Chapter Chairman Sri KSRK Raju (Sai)

"The property expo will create awareness about eco-friendly apartment and house construction happening in the city, allowing prospective homebuyers to choose their preferred flats based on their income group," said CREDAI President Sri V. Dharmender.

Expo Convenor Ch Govinda Raju stated that the expo will feature 80 stalls showcasing over 100 projects, including flats, plots, villas, luxury homes, and gated community buildings. Banks will offer special discounts, deals, and instant loan approvals, making it a one-stop destination for all homebuying needs.

The event is expected to attract strong participation, with footfalls at every CREDAI expo steadily rising. "Visakhapatnam CREDAI has become a household name, and we expect strong participation this year as well," said Hon. Secretary V Sreenu.

Chief Guest Sri Pankaj Kumar, DGM of SBI-Visakhapatnam, highlighted the real estate sector's vital role in India's economy, remarking, "Real estate contributes approximately 7.3% to the country's GDP and has a high potential for job creation and supporting allied industries." He reiterated SBI's commitment to supporting CREDAI Visakhapatnam by promoting awareness about home financing options during the expo, acknowledging that owning a home is a universal aspiration.

B Srinivas Rao, AP State General Secretary, emphasized the expo's comprehensive nature, catering to all aspects of homebuying, particularly benefiting retirees seeking affordable housing options in Visakhapatnam. He commended the state government's sand policy, urging further refinements to broaden its impact.

Key officials present at the brochure launch included Vice President Sri E. Ashok Kumar, Joint Secretaries Sri K. Srinivas, P. Narasimha Rao, and G. Karthik, as well as Committee members M. Krishna Mohan Rao, G. Rajesh, Alapati Srinivas Rao, R. Kiran Kumar, Youth Wing Coordinator Burugapalli Venkata Sridhar, and Youth Wing Secretary Pavan Sanka.

The 10th Property Expo is expected to be a landmark event for homebuyers and real estate enthusiasts in Visakhapatnam.

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