Real estate enthusiasts in Mumbai are in for a treat as the upcoming CREDAI-MCHI expo unveils an exclusive opportunity. For three days, home buyers can rejoice in a special promotion offering zero registration charges and stamp duty on property purchases.
Unveiling the Opportunity
Organized by CREDAI-MCHI, the premier body of the Mumbai Metropolitan Region’s real estate industry, this limited-time offer applies to all purchases made during the event, commencing on Republic Day. The spotlight is on making homeownership more accessible and enticing.
Developer Buzz
Anticipated to be bigger and better, this year’s expo boasts participation from over 75 developers, a significant increase from the 68-70 developers in the previous edition. Based on positive feedback, the association foresees a substantial surge in unit sales, projecting an impressive 300-400 units sold, more than doubling last year’s figures.
“Zero is our Hero” – A Catchy Motto
With the catchy slogan “Zero is our Hero,” the objective is to leverage the existing demand for residential properties. This incentive not only sweetens the deal but also translates to a substantial saving of approximately 6% for the savvy consumer.
Financial Support from Reputed Banks
In a bid to facilitate seamless transactions, HDFC Bank and State Bank of India will be providing attractive financing options. All showcased projects are pre-approved by SBI. While actual mortgage rates hinge on an individual’s CIBIL score, the base rate is set at around 8.35%.
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Diverse Property Offerings
The properties on display at the expo span a wide price range, from approximately Rs 12 lakh to well over Rs 10 crore. The more affordable options are situated on the outskirts of the Mumbai Metropolitan Region, providing diverse choices for potential homeowners.
Real Estate’s Remarkable Rise
CREDAI President, Boman Irani, also the head of Keystone Developers selling homes under the Rustomjee brand, highlighted the significant role of real estate in the wealth creation of Indians. He noted that 60% of traditional wealth stems from real estate, emphasizing its pivotal status as an asset class for investors.
Grand Inauguration
Adding grandeur to the event, Eknath Shinde, Chief Minister of Maharashtra, will inaugurate the real estate expo. This aligns with the expo’s commitment to fostering a vibrant real estate market in the region.
In conclusion, the Mumbai real estate expo is not just a marketplace; it’s an experience. With zero stamp duty and registration charges, coupled with an array of financing options, this event is poised to redefine the home-buying experience for Mumbaikars. Don’t miss your chance to own a piece of the booming real estate landscape.
