Introduce – RE-CONNECT – A knowledge sharing session by the CREDAI Youth wing for best practices sharing in the real estate industry
Hyderabad 2nd May 2022: CREDAI, the Confederation of Real Estate Developers’ Associations of India, the country’s apex body of private real estate developers, successfully organized the 11th Edition of the Hyderabad Property Show from 29th April to 1st May 2022 The closing ceremony for the event was held in the presence of Shri. M. Stephen Raveendra, IPS, Commissioner of Cyberabad, along with the CREDAI senior leadership team comprising of Shri P. Rama Krishna Rao,President, Shri. V. Rajashekar Reddy,General Secretary,Vice Presidents Shri G Anand Reddy, Shri K Rajeshwar, Shri N Jaideep Reddy, Shri B Jagannath Rao,Treasurer Shri Aditya Gowra, and Joint Secretaries Shri Shivraj Thakur and Shri K. Rambabu, along with other committee members, member developers and representatives of several suppliers and financial institutions.
The CREDAI Hyderabad Property Show 2022 was a three-day event held at Hitex, Hyderabad. The event saw a massive footfall of over 50,000 visitors, where prospective home-buyers visited the Property show to select their dream home from 60 large-sized stalls displaying numerous RERA Approved projects including apartments, villas, open plots, and commercial spaces. The sales teams at all the stalls were busy explaining the projects to the visitors and encouraging people to visit the site and finalize their purchases. Some developers also rolled out incentives for spot closure. The developers were excited with the turnout at the property show and overwhelmed by the response received.
Speaking at the Valedictory ceremony of CREDAI Hyderabad Property Show 2022 Mr. M. Stephen Raveendra, IPS, Commissioner of Cyberabad appreciated and thanked the Government of Telangana for their proactive steps to upgrade the infrastructure for the Police Departments. He also highlighted the following initiatives by the Cyberabad Police to ensure the Law and Order in the city:
1. In order to maintain law and order in the city, we are using tech-enabled solutions.
2. We have installed 2 lakh CCTV cameras in Cyberabad to ensure the safety and security of the people
3. The response time for any security issue in the Cyberabad region is only 4 minutes.
4. We are setting up a Centre of Excellence for Cybersecurity to counter the increasing threats of Cybercrimes and to safeguard and protect the people. He also outlines several other initiatives by the Police department to make the city safe for all.
RE CONNECT – A knowledge sharing session, an initiative by CREDAI Youth Wing was introduced in the 11th edition of CREDAI Hyderabad Property show 2022. The modern approaches to design in residential projects were discussed by Mr. Harvey Male, Principal architect at BUCHAN Architects, a veteran in master planning and the design of large integrated projects. The developer community actively engaged with Mr. Harvey for insights to design projects in the Indian context.
Speaking on the occasion, Mr. P. Ramakrishna Rao, President, CREDAI Hyderabad, said, “We thank Mr. Stephen Raveendra the Commissioner of Police, Cyberabad for taking time out to attend the Valedictory ceremony today. We are thankful for the efforts by the Cyberabad Police in ensuring the law and order and safety of people in the city. We particularly thank the police department for the help during the lockdown, promptly issuing passes to the real estate firms to help organize the required materials for the labour force stuck in the project site during the lockdown and providing all possible support in taking care of them.”
He further added, “We have received an overwhelming response to the 11th edition of the CREDAI Hyderabad Property show. Participant developers have had spot closures and generated a large number of leads for closure, way beyond the expectation. This vibrancy can be attributed to the development and proactive governance in the state under the guidance of our Hon’ble Chief Minister, K Chandrashekar Rao. The Housing and Office-space have attained a natural progression of this growth and the developers are gearing up to meet the forecast increase for the spaces. The homebuyers should make the most of the current environment to purchase the dream home before the prices escalate exponentially.”
Furthermore, Shri V. Rajashekar Reddy, General Secretary, CREDAI Hyderabad, said, “We thank the police department for their efforts to maintain the law and order in the city and ensure the safety of women and children. These initiatives lead to a positive image of the city and help boost the growth in the business in the city and trigger demand for real estate. We are delighted to have Mr. Stephen Raveendra, the Commissioner of Police, Cyberabad as our Guest of Honour at the Valedictory ceremony of this year’s property Show. CREDAI Hyderabad property show witnessed wonderful reception by people in search of the perfect location for their residential and commercial requirements. The massive number of attendees during all three days of the event has reinstated the fact that the Hyderabad real estate market is a vibrant space that has not seen a dip in property value in the last 7 years. The massive growth and investments attracted by the city due to the policy framework and continuous efforts by the state government will only catapult the real estate prices in the coming months. As advised by the Hon’ble minister KT Ramarao, we will be working with our members to explore opportunities in the upcoming industrial clusters in the state. We urge homebuyers to make the most of the RERA-approved projects on display at the property show and choose their home before the prices increase significantly, as Hyderabad still has the most reasonable price of property amongst the 7 metros.”
