MCHI Demands Expert Panels To Clear Projects

The Maharashtra Chamber of Housing Industry (MCHI) requested the state CM Prithviraj Chavan to form two expert panels for the clearance of projects.

MUMBAI: The Maharashtra Chamber of Housing Industry (MCHI) has requested Prithviraj Chavan, the State CM, to appoint two expert panels for clearing the real estate projects.

MCHI asked for two panels which will be formed of five experts and structural engineers. MCHI has also asked the state CM to disperse the high-rise committee. Continue reading

MCHI-CREDAI Property Expo Sees Huge Crowd

MCHI-CREDAI Property Expo 2013 is being conducted at MMRDA Grounds in Bandra Kurla Complex. The four day property expo will end on 14th of April.
MCHI-CREDAI Property Expo receives good response.

MCHI-CREDAI Property Expo receives good response.

MUMBAI: The first two days of MCHI-CREDAI Property Expo 2013 saw huge numbers of prospective buyers visiting the property show. It shows that the demand is not much affected by the sluggishness of the realty market.

Nearly 25,000 prospective buyers visited the property fair on Friday. This number of property buyers have really spirited the builders.

Over 15,000 residential properties across Mumbai Metropolitan Region (MMR) are showcased in the four day fair. The fair has properties located in Navi Mumbai, Pune and Thane.

The buyers showed keen interest in the properties located at Dombivli and Andheri too. Gundecha, Hubtown and Lodha developers have projects in these areas.

Those who were looking for investment options also visited the fair. Panvel and Thane remain the favorite spots for the investors.

Most of the properties showcased at MCHI-CREDAI Property Expo 2013 were offered with some discounts. Prices for some projects however remained the same. Continue reading

13th India Realty Expo’10 A Success

The India Realty Expo 2010 organized by the Maharashtra Chamber of Housing Industry (MCHI) in Dubai was a great success. It was the 13th year of the realty expo and 9th consecutive year of the expo in Dubai. The exhibition held from June 3, 2010 to June 5, 2010 saw a presence of total 2847 NRI’s. The event’s success can be contributed to the fact that the exhibitors were offering ready properties or possessions between 3-6 months.

The Exhibition was inaugurated by his Excellency Mr. Naresh Mehta, Consul Commerce of India, Consulate General of India, Dubai-U.A.E on June 3, 2010.

Eighteen leading developers and builders from India including Acme Housing (India) Pvt Ltd., Akar Creations Pvt ltd., Ashiana, Delta Group, Everest Developers, Godrej Properties Ltd, Hiranandani Constructions Pvt Ltd, Kolte-Patil Developers Ltd, Marvel Realtors, Nahar Group, Nyati Group, Our Town, Pathy Housing, Runwal Group, Rustomjee, Uma Constructions- represented by United 4 realtors participated in the exhibition.

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Photo by vasofoto.com
Mr. Sunit Mantra, President MCHI said on the occasion, “Looking at the factors such as attractive prices of Indian Real Estate as compared to Dubai coupled with a lackluster trend in local markets there, turned out a bonanza for the Indian realtors exhibiting their properties in the Dubai exhibition with investors and genuine buyers visiting in large number this year.”
The Hon. Secretary, MCHI, Mr. Deepak Goradia said, “We have seen tremendous response and turnout for the exhibition this time. Projects in Andheri, Powai, Navi Mumbai, Kandivali, Borivali, Bandra, Ghatkopar, Thane from Mumbai and other cities such as Bangalore, Goa and Pune received a lot of enquires for residential flats. Quality of visitors was good and mostly they were affluent, focused and high end consumers. Moreover visitors showed interest in 2/3 BHK flats ranging from 60 lacs to 1 cr.”

The Indian Real Estate Industry has only reasons to cheer in the time to come.

MCHI Showcasing in Indian Realty Expo 2010

One of the most prominent bodies of realty developers and builders, Maharashtra Chamber of Housing Industry has planned to showcase the phenomenal work of Indian builders in the field of property in the 13th India Realty Expo 2010. This expo is scheduled from 3rd to 5th June, 2010 in Dubai, at the Renaissance Hotel, Deira. This step is taken by MCHI to bring some  of the NRIs in the Indian realty market.
is a member of CREDAI, Confederation of Real Estate Developers‘ Association of India. This expo will last as an opportunity to NRI investors to fully explore the offers and opportunities in front of them as far as Indian realty sector is concerned. This expo would throw light on all the fields, be it be housing, retail or commercial sector.
This ‘India Realty Expo’ will prove as a golden opportunity for the NRIs, especially in the Gulf region, to come back close to their motherland. Apart from CREDAI and MCHI, there will be 21 more builders who will participate in this expo. The expo will be held at from 5 pm to 9 pm on 3rd June whereas the timings for and June are 10 am to 1 pm and 4 pm to 9 pm. The main focus of this expo will be on the real estate sector of cities like Bangalore, Goa, Pune and Mumbai.

Property expo in Mumbai from Oct 1

The Maharashtra Chamber of Housing Industry (MCHI) will organize an exhibition `Property 2009′ at MMRDA Grounds, Bandra Kurla Complex, from October 1st to 4th. Over 75 real estate developers will showcase their projects in Mumbai and suburban areas such as Thane and Navi Mumbai, besides Pune. State Bank of India is the co-organizer of the event. The other partners in the four-day programme include ICICI Home Finance, Axis Bank, LIC Housing Finance, IDBI Bank, and HDFC. Citibank NA, Dewan Housing Finance Corporation, GIC Housing Finance, IDBI Home Finance and Kotak Mahindra Bank will also participate.