Budget flats in focus at MCHI Suburban Property show

Jan. 24, 2012 - PRLog -- Mumbai, January 18, 2012:  With its focus on budget flats, the four-day MCHI Suburban Property Exhibition 2012 will kick-start at Maxus Mall, Bhayander West, on the Republic Day. The exhibition will start from 26th January to 29th January, 2012

A wide array of properties in the rapidly developing Mira-Vasai to Palghar-Boisar stretch on the Western Railway suburban network will be showcased under one roof at the four-day mega show.

MCHI (Maharashtra Chamber of Housing Industry) as the representative body of developer community has been facilitating property shows across Mumbai and MMRDA areas to bring property buyers and sellers closer to their mutual benefit, said Mr Boman Irani, Secretary – MCHI, and President of MCHI’s Mira-Vasai City unit.

“The forthcoming exhibition assumes significance in view of the fact that the focus will be on budget and affordable homes,” Mr Irani said.

The patron stall exhibitors include: Rustomjee, Lodha Group, Sanghvi Group, Mayfair Housing, Ekta Group, Leena Group, Bhoomi Arcade, Ostwal Group, Ravi Group, Swastik Group, Kanungo Group, Maad Group and Tanvi group.

The exhibition assumes significance in view of the fact that the Mira-Virar to Palghar-Boisar stretch is much larger than Mumbai and even the government has laid a special emphasis on developing infrastructure here. The area now has an excellent connectivity with the Western Railway operating a four-track network.

Even urban infrastructure facilities like hospitals, schools and colleges and malls and multiplexes have come up in the area.
As the availability of land becoming increasingly difficult in Mumbai and other factors like inflation contributing to the cost of property, analysts consider the current period as one of the best times to acquire a dream house in this suburban area.
A notable feature of the development in the area is that developers have not been compromising on first class amenities on par with Mumbai properties, even while offering budget flats, according to Mr. Shailesh Sanghvi Secretary MCHI Mira Virar City.

While Mumbai faces space crunch, properties in this stretch provide larger layouts and even open spaces that give much needed relief to home buyers.
The exhibition, taking place during the long week-end period, will also have on-the-spot home loan facilities. Many developers will also offer discounts on bulk purchases. Thus, this is a prime time opportunity for large groups to book flats under various categories – ready possession to under construction.

“Many home buyers look at auspicious and festive seasons to acquire new properties and here is the right chance to perform Vaastu or Griha-Pravesh during the fortcoming Gudhi Paadva,” Mr Sanghvi added.

The MCHI Suburban Property Exhibition will also have commercial properties that form an essential part of urban development.

About MCHI
Maharashtra Chamber of Housing Industry (MCHI), formed in 1982, is the most prominent and the only recognized body of Real Estate Developers in Mumbai and MMR. MCHI brings together members dealing in Real Estate Development on one common platform to address various issues facing the Industry. Members of MCHI account for 80% of Development of New Residential Accommodation and Commercial Properties in Mumbai and MMR MCHI helps both the Central and State Governments in meeting their objectives of providing housing, which is a basic necessity. MCHI has a strong Membership of over 1000 leading Developers in Mumbai and has expanded across MMR, having its own units in Thane, Kalyan -Dombivali, Mira – Virar City, Raigad and Navi Mumbai. MCHI works towards raising awareness among the General Public, Real Estate and Construction Industry while providing them with detailed information on projects and new Developments in and around Mumbai and MMR.

Contact
Anilkumar Yadav, Concept PR:
9819665275, 9869632008

Ashrika Khot, Concept PR:
9920012537   

Shehnaz Khambatta, MCHI
9819677522