Hyderabad: October 2022: CREDAI, the Confederation of Real Estate Developers’ Associations of India, Warangal, the country’s apex body of private real estate developers, announced the 2nd Edition of the CREDAI Warangal Property show 2022. The announcement for the Property Show was made in the presence of Shri E. Prem Sagar Reddy, President-Elect, CREDAI Telangana; Shri Jagan Mohan, Vice President, CREDAI Telangana; Sri Sharat Babu, Joint Secretary, CREDAI Telangana; Sri Satyanarayana Reddy, President, CREDAI Warangal; Sri. J. Manohar, General Secretary, CREDAI Warangal; S. Amarlingeshwar Rao, Treasurer, CREDAI Warangal; Shri M. Ravinder Reddy, Organizing Secretary, CREDAI Warangal; Sri. Varun Agarwal, Youth Wing Convenor, CREDAI Warangal along with other executive members, member developers, and representatives of several suppliers, and financial institutions.
CREDAI Warangal has conceptualized and managed the CREDAI Warangal Property Show 2022 to showcase the best real estate projects in the Tri-City including Apartments, Villas, Plots, and Commercial Spaces under one roof. The Property Show is scheduled to take place on October 15th and 16th at Warangal at Vishnu Priya Gardens, Hunter Road, Hanumakonda. The biggest property show is expected to attract a large number of customers, accelerating the development of the region’s sector and enabling the betterment of the real estate sector in Telangana State.
Speaking on the occasion, Shri. E. Prem Sagar Reddy, President-Elect, CREDAI Telangana said, “We are confident of the fact that the property show will serve as a great opportunity for the builders to showcase their projects at the 2nd CREDAI Warangal Property Show 2022. Warangal is the Historical City that is emerging as a rapidly growing Futuristic Hub and an epicenter for development in the state. The city has recently been identified as a UNESCO Global Network of Learning City. Warangal is also one of the 13 Smart Cities for fast-track development and transformation. The state has envisaged several tasks like the construction of 40Km Smart Roads, initiatives for sustainable liveable neighborhoods, Green Urbanization, development of lakefronts, smart central district, and extended business district. These initiatives will catapult Warangal to rapid development and growth. The CREDAI Warangal Property Show is organized at this time to facilitate homebuyers to identify the best property for themselves and benefit from the expected price appreciation for the real estate sector due to rapid growth.”
Adding to this, Shri. Satyanarayana Reddy, President, of CREDAI Warangal said, “We are delighted to host the CREDAI Property show in Warangal for the second time. Since the formation of the state of Telangana, the real estate industry has made remarkable strides. At CREDAI, we support the growth of the real estate sector and advocate for initiatives that emphasize client satisfaction and adherence to the industry’s highest ethical standards. Through the right offerings, we hope to provide customers with the correct value at the appropriate moment. Warangal city currently has 84 ongoing projects and the cost of these projects works out to Rs 2,860 crore, which comprises Area Based Development (ABD) projects (Rs 2707 crore) and PAN city (Rs 153 crore). Eight projects worth Rs 576.13 crore were completed. Work orders of 27 projects worth Rs 612.45 crore were issued. As many as 10 tenders worth Rs 256.93 crore were released. At least 20 DPRs worth Rs 319.41 crore were approved. Another 19 DPRs worth Rs 488.03 crore are under preparation.”
Adding to this, Shri. J. Manohar, General Secretary, CREDAI Warangal said, “The real estate sector was lagging behind the rest of the country, however, due to proactive policies and initiatives by the state government the real estate sector in Telangana, particularly Warangal has flourished. The realty sector has shown substantial growth and helped enhance the reputation of real estate developers across the country. Warangal Smart City has identified projects under two categories – area-based development and pan-city solutions. The smart city projects are categorized into seven modules – 20 projects with 66 sub-projects, which have mainly focused on those areas that directly impact the life of the common man. With these developments, Warangal is rapidly transforming into a Smart City, experiencing rapid growth and development. CREDAI Warangal Property Show is organized at the appropriate time for homebuyers to identify and purchase the best project on display.”
According to Shri M. Ravinder Reddy, Organizing Secretary, CREDAI Warangal said, “The 2nd CREDAI Warangal Property Show 2022, the most credible property showcase in Warangal will be held on 15th and 16th October 2022 at Vishnu Priya Gardens, Hunter Road, Hanumakonda. We will have 98 stalls at the property show under different categories for developers and product vendors to showcase the best properties in Warangal under one roof.”
Shri. Varun Agarwal, Youth Wing Convenor, CREDAI Warangal said, “The 2nd edition of CREDAI Warangal Property Show 2022 is expected to attract a large number of people to explore the best properties and plots in Warangal – The Next Big City. We have extensive plans to promote the property show across all mediums and we expect more than 15,000 visitors each day.”
Shri. Jagan Mohan, Vice President, CREDAI Telangana said, “A major attribute of the city is its thriving real estate industry, always pushing their boundaries. With CREDAI Warangal, we are striving to set new benchmarks within the real estate industry; developing world-class infrastructure with the mission to transform Warangal as a futuristic hub for investors, developers, business, tourists and home seekers. We invite you to come and explore the biggest Property Show of Warangal, the next Big City.”
Shri. S. Amarlingeshwar Rao, Treasurer, CREDAI Warangal said, “The most rapid growth in Telangana’s urban development has happened under new residential and commercial constructions are now part of Warangal’s the best and biggest Property show. We are sure that the property purchases and real estate development in Warangal, the heritage city, will soon skyrocket. CREDAI property show 2022 is the best place to check out the modern properties in Warangal, the Tri-City.”
