Hyderabad 23rd January 2020 – CREDAI, the Confederation of Real Estate Developers’ Associations of India, country’s apex body of private real estate developers, today announced the 9th edition of Hyderabad Property Show from 31st January to 2nd February 2020. The announcement was made by CREDAI Hyderabad senior leadership team comprising of Shri P. Rama Krishna Rao, President, Shri. V Rajasekhar Reddy, General Secretary, Shri C G Murali Mohan, Shri Kacham Rajeshwar, Shri Venu Vinod, Shri N Jaideep Reddy, Vice Presidents, Shri Kothapalli Rambabu, Shri Shivraj Thakur, Joint Secretaries, and Shri Aditya Gowra, Treasurer, CREDAI, Hyderabad in the presence of other member developers and key stakeholders.
CREDAI Hyderabad Property Show 2020 will be held from January 31st – February 2nd, 2020 at Hitex, Madhapur. The three-day property show will bring together realtors, building material manufacturers, consultants, and financial institutions from across the city to exhibit the advances in the real estate sector under a single umbrella. The event will present integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes. The show will display over 15000 units from CREDAI Hyderabad member developers, different stakeholders from the financial and manufacturing sectors, displayed in 80 stalls. The exhibition will showcase properties suiting every requirement and budget by the developers providing consumers a chance to get the best options for home solutions in the twin cities along with information on housing loan options and how to avail the same. The show is expected to have a turnout of over 50,000 visitors this year.
Speaking on the occassion, Shri. P. Rama Krishna Rao, President CREDAI Hyderabad, said, “The real estate sector in Hyderabad is on an upswing. The recent report of City Momentum Index released by JLL Global further reinforces the buoyancy in the real-estate sector of Hyderabad by ranking it no. 1 amongst 130 global cities evaluated. They have rated Hyderabad as the world’s most dynamic city. Hyderabad is topping the charts in the county’s office space absorption market and the transactions are growing at a blistering pace primarily driven by the growth in IT/ITeS sector. Thanks to the ease of doing business, proactive governance, ready talent pool and a predominantly young population, affordable cost of living and good infrastructure, the city is showing remarkable growth in the real estate sector. According to the report from Oxford Economics, the city is recording a GDP growth of 8.7% and is expected to grow at a rate of 9.5% from 2019-2035. These are great indicators for a sustained good performance of the real estate sector in the city. This 9th edition of CREDAI Hyderabad Property Show is being aptly scheduled from January 31st – February 2nd, 2020 to help the buyers identify the best projects in the city under one roof and decide to make their WINVESTMENT before the city witnesses a rapid price hike in the real estate.”
Adding to this Shri. V Rajasekhar Reddy, General Secretary, CREDAI Hyderabad, said “We have witnessed a remarkable surge in the real estate sector in Hyderabad. The growth is primarily driven by the IT/ ITeS sector, with prominent global enterprises making Hyderabad their biggest Hub. The city is witnessing a significant activity in the Co-Working segment, an indicator of a surge in demand for allied services. Also, the sustained efforts of the stable state government in encouraging the ‘Innovation Economy’ in the city, that has made Hyderabad the No.1 innovation hub in the country. All this, supported by proactive and innovative government policies like TS-Ipass and the infrastructure development push, has helped attract investments to the city. Despite the rapid development, the city was ranked No.1 in Mercer’s annual Quality of Living Survey 2019 for the 5th time in a row making it a ‘most preferred city to live in’. It is only appropriate that we bring the 9th edition of CREDAI Hyderabad property show at Hitex from 31st January to 2nd February 2020 to offer a millions of home buyers an opportunity to find their dream homes. The buyers can avail the opportunity to get the best properties in the city under one roof and make a winning investment, that is bound to give magnificent returns on investment. We urge the homebuyers to visit the property show, to make the most of the opportunity and benefit from the exponential increase in property prices expected in Hyderabad.”