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CREDAI Chennais FAIRPRO 2024 CONCLUDES ON A HIGH NOTE
Posted on: 12/Mar/2024 9:33:17 AM
FAIRPRO 2024 The prestigious three-day property and Real Estate exhibition organized by The Confederation of Real Estate Developers` Associations of India (CREDAI), Chennai Chapter, has emerged as a groundbreaking event, marking a significant milestone in the city`s real estate landscape. Held from March 8th to 10th at the Chennai Trade Centre, Nandambakkam, FAIRPRO 2024 witnessed unprecedented bookings and footfalls, cementing its status as one of the largest property expos in Chennai.
The success of FAIRPRO 2024 surpassed all expectations, with over 31000 visitors and a phenomenal 302 bookings amounting to over Rs 260 crores over the course of three days, bookings are expected to double over the course of one week, as visitors will cement the deal after their site visit in the coming days.
This achievement underscores the positive sentiment prevailing in the real estate sector and reflects the growing confidence of homebuyers and investors in the market. This year FAIRPRO 2024 has seen participation from more than 75 developers with over 200 projects showcasing 32.5 million square feet of apartment space, 0.25 million square feet of commercial space, and 325 acres of plots spanning a wide price range from Rs. 15 lakhs to Rs. 15 crores. The expo provided a comprehensive platform for both buyers and developers to explore diverse housing options and investment opportunities.
Prior to FAIRPRO 2024, CREDAI Chennai organized a highly successful home loan mela from 1ST March to 3rd March at Vijaya Mahal.
Mr. S. Sivagurunathan, President of CREDAI Chennai, expressed his delight at the overwhelming success of FAIRPRO 2024. "We are thrilled to announce the successful conclusion of our property fair, where dreams met reality, and opportunities flourished. This event has been a testament to the resilience and dynamism of the real estate industry. The property fair has been a beacon of inspiration and progress. We extend our heartfelt gratitude to all participants, exhibitors, Bankers and sponsors, and attendees for their invaluable contributions to making this event a resounding success," he said.
Mr. Aslam Packeer Mohamed, Convenor, FAIRPRO 2024 said, "We are pleased to witness the highest turnout of young homebuyers at FAIRPRO 2024, and we witnessed a considerable rise in women visitors this year compared to the previous FAIRPRO`s. Their enthusiastic engagement underscores the enduring appeal of real estate investment among the younger generation and reaffirms our commitment to providing them with valuable opportunities and insights, added Mr Aslam.
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