Business Daily from THE HINDU group of publications
Wednesday, Jan 14, 2009
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Business Daily from THE HINDU group of publications Wednesday, Jan 14, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Real Estate & Construction States - Maharashtra MCHI to host budget property expo Our Bureau Mumbai, Jan. 13 The Maharashtra Chamber of Housing Industry will hold a three-day exhibition ‘Budget Property 2009- Western Suburbs’ to showcase properties in the Rs 6 – 49 lakh range between January 16 and 18. Over 30 builders are expected to showcase more than 200 properties at Lotus Hall, Raghuleela Mall, in Kandivali West. The exhibition is sponsored by State Bank of India. Financial institutions such as LIC Housing Finance Ltd, HDFC, ICICI Home Finance Co Ltd, Union Bank of India and Dewan Housing Finance Corporation are also participating. Timely conceptMr Harish Patel, Convenor-Exhibitions, MCHI, said, “This show is aimed at buyers who are seeking properties within a specific range. We believe this show is a good platform for the real estate industry and its customers in these recessionary times.” The exhibition is a timely concept addressing market needs, said Mr Deepak Goradia, Co-Convenor Exhibitions – MCHI. The MCHI President, Mr Pravin Doshi, said “Banks, in general, have softened their interest rates to 8.50 per cent for Rs 5 lakh and 9.25 per cent for Rs 20 lakh for this segment of home loans. Buyers can now avail themselves of home loans on far cheaper rates than four months earlier.” The properties on display on the Western suburbs will be from Goregaon to Dahisar, Mira Road to Virar and beyond, besides Andheri (East). More Stories on : Real Estate & Construction | Maharashtra
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