MCHI Property 2011 Exhibition concluded with a record footfall of 86,882 visitors. At the event, the Maharashtra Chamber of Housing Industry (MCHI), showcased properties from builders across Mumbai City, suburbs as also the Mumbai Metropolitan Region (MMR) and some other select Indian cities. The State Bank of India and Indiabulls Home Loans were the co-organisers. HDFC was the Platinum Partner, LIC Home Finance & DHFL were the Gold Partners and ICICI Bank the Silver Partner for MCHI Property 2011, the 19th edition of the Real Estate and Housing Finance Exhibition, which was held at the MMRDA Grounds, Bandra Kurla Complex from October 06 to 09, 2011.
MCHI Property 2011 showcased more than 15000-Plus properties from 100-plus developers in the 19th edition of the Real Estate and Housing Finance exhibition, and got a fabulous response from visitors across the four days, said Paras Gundecha, President, MCHI. Positioned as India’s largest and only ‘Official’ real estate exhibition, the exhibition, in this edition, introduced unique buyer- friendly initiatives.
The exhibition was inaugurated on 06 October 2011 by the Minister of State for Housing, Maharashtra, Sachin Bhau Ahir. “In his address, the Hon’ble Minister had made a special mention of MCHI adopting a self regulatory code of conduct for developers, and he also had praised MCHI’s initiatives as regards taking adequate care to ensure that properties on display at the exhibition had necessary clearances,” said MCHI President.
Boman Irani, Hon. Secretary, MCHI said, “MCHI’s bi-annual mega exhibition has truly emerged as India’s most successful and trusted property exhibition series over the period of a decade, and this was evident in this, the 19th edition as well. “This largest exhibition is a perfect platform to fulfill the dream home aspirations of potential home buyers. We worked hard to make MCHI Property 2011 ‘different’ this year, and it has worked to the home buyers’ advantage. For one, the MCHI Assurance brought in the ‘safe and secure’ aspect for a home buyer. Very simply, it meant that MCHI had worked with all the participants to make sure that projects exhibited for sale were in adherence with the MCHI Assurance. In other words, these projects had a Commencement Certificate (CC) and/or Intimation of Dis-Approvals (IOD). Also, these projects had to fulfill the requirement of sanctions towards home loans from any leading HFI or nationalized bank. Any project without the above was clearly labelled as an “upcoming project” at the exhibition,” he added.
Bandish Ajmera, Chairman, MCHI Exhibitions Committee said “MCHI Property 2011 was planned and organized so as to enhance the comfort and convenience of the home buyers. Various new initiatives were undertaken to ensure that every visitor thoroughly enjoyed the experience of buying a home, while making a most informed choice. The families also got to learn about the largest and choicest properties and developments, under one single roof.”
In a special initiative initiated by MCHI, some of the developers offered visitors to the exhibition who booked a home on the spot, subject to a few terms & conditions, some discounts and other freebies like a international holiday. “It is always a pleasant surprise to get such an add-on, and for the lucky homebuyers who got an ‘add-on’ with their home purchase, it will end up being a very pleasant memory indeed, said Zubin Mehta, CEO, MCHI.
