Housing finance company HDFC is hosting an online property show for Delhi NCR region and is in plans to conduct a similar event for Mumbai.
The move comes at a time when most of the real estate market is seeing muted demand due to the economic uncertainty brought about by the coronavirus pandemic and national lockdown.
“HDFC is hosting a mega online property show featuring over 150 projects from more than 75 renowned developers in the Delhi NCR region. We also plan to extend this to properties in the Mumbai Region next week,” it said in a statement on Wednesday.
The Delhi online property showcase is a month-long event which would allow potential customers to browse and compare projects online and also apply for a loan on HDFC’s online application platform.
“With work from home being the new normal, particularly for working couples and young professionals, the need for homes with larger spaces is on the rise. We believe that all this has not only reaffirmed the importance of a home but has also built a sense of urgency to own a home,” said Renu Sud Karnad, Managing Director, HDFC Ltd, adding that it plans to host a series of online property shows, with information, projects and properties focused on specific cities or regions.