The positive market sentiment through 2023 into the present was expected to see huge numbers of home seekers visiting the 21st edition of CREDAI-MCHI Thane’s Home Utsav: Property 2024 Thane. True to those
expectations, the leading property and home finance expo with 100-plus projects and participation by 50-plus real estate developers as well as over 15 banks and housing finance companies, saw 30,000-plus families visiting the venue - Raymond Ground, Pokhran Road No 1, Thane West from February 16-19, 2024. Adding a touch of high-flying experiences, the expo also offered a bird’s eye view of Thane, with a helicopter ride experience through the immersive realm of virtual reality and several knowledge events.
Describing the four-day long event as ‘hugely satisfying’, Jitendra Mehta, President, CREDAI-MCHI Thane termed the expo a grand success, with 31,217 registrations; 217 bookings and Rs. 1250 crore in home loans sanctioned. “The organising team worked hard to make the expo a grand success, but in the ultimate analysis, it is the city itself, which draws visitors to the expo,” he said.
“Thane accounts for high quantum of housing launches and sales across the MMR, which underscores the importance of the city’s real estate; and how it enables home seekers to get their dream homes in the city of their dreams – Thane. A culturally rich city which is safe and secure, which offers a lifestyle which reflects in homes that meet all requirements of a family – Thane is arguably, the best option for a home seeking family to make their dream home come true. Among the best urban conglomerations within not just the MMR, but across the nation: Thane,” he said.
The organising team of CREDAI-MCHI Thane's Home Utsav: Property 2024, worked out various events which were held concurrent to the expo, adding value for the visitors as also participants. “This year, we changed the event, from a pure expo to one where knowledge events add to the information that home seekers need to ensure they make the right choice. On the first day, we had a seminar titled: ‘Kal Aaj aur Kal’ - MAHA RERA – A Guide to Home Buyers’ by CA Ashwin Shah, which was important from the home seekers’ perspective,” the CREDAI-MCHI Thane President added.
A knowledge event on ‘Redevelopment of Thane’ was held on day three. It was addressed by Sitaram Rane, Chairman, The Thane District Housing Federation Ltd; Advocate Prassana Mate who spoke on ‘Legal Aspect in Redevelopment of Societies’ and Arc. Makrand Parange, Saakar Architects as also Arc. Makrand Torraskar, Ambiance Design Pvt. Ltd., both of whom spoke on ‘Project Management Consultancy’. Following this, the ‘Best Cooperative Housing Society Awards’ were declared and winning societies felicitated.
For the home buyer, Home Utsav: Property 2024 Thane reflected the all-important 'trust factor', said Ajay Ashar, Past President, CREDAI MCHI Thane. “Over the years, CREDAI-MCHI Thane has been the steadying factor, ensuring real estate development in sync with the city's growth story. The Expo provided the perfect platform for home seekers as also developers looking to sell their housing inventory,” he added.
From the perspective of real estate development as also growth potential for stake holders, Thane has been a real estate development hub which constantly keeps updating, said Sandeep Maheshwari, Chairman, Expo Committee, CREDAI MCHI Thane. “This year too, like the past 20 years, the expo was the perfect platform, creating a safe and secure option to make dream homes become a reality,” he said.
The safe, secure, and culturally rich city offers options across segments of real estate development, which result in residents living a life, complete in all respects, said Manish Khandelwal, Hon. Secretary, CREDAI MCHI Thane. “Thane offers homes which are ideal for ‘work – from – home’ while also ensuring the ‘work – life’ balance. This makes Home Utsav: Property 2024 Thane, ideal for those looking out for homes which offer new age technologies and product ranges, which make Thane’s real estate ‘in sync’ with the ‘new age customer’ requirements,” he added.
Gaurav Sharma, Hon. Treasurer, CREDAI-MCHI Thane, said, “With some of India's leading real estate developers who offer a wide array of options across their on-going projects, CREDAI-MCHI Thane's Home Utsav: Property 2024-Thane offered a vibrant, safe and secure platform to offer not just housing but also a wide range of real estate offerings, new products and services to the large numbers of end-users i.e. the home buyers,” he added.
“Even as trends change and the buyer profile upgrades and Thane's real estate comes up with new housing options across its geography, the new age homes aimed at new age home buyers, adorned with ideas and products that leverage new technologies, CREDAI-MCHI Thane's Home Utsav: Property 2024-Thane retained its position as an ideal platform for home seekers to select their dream homes and turn dreams into reality,” said Jay Vora, President, Youth Wing, CREDAI MCHI Thane.
In its digital Format, the expo will continue on-line, over the next year, said Jitendra Mehta. “If someone missed out on visiting the Expo, the digital version will keep options open for such home seekers,” he added. “CREDAI-MCHI Thane is an association of real estate which has been an integral part of not just Thane’s growth story, but also the social fabric of the city. When a trusted industry body holds its 21st Property and Home Finance Expo, it is truly the ideal platform to make one’s dream home a reality,” he concluded.
