Credai Property Expo 2024 In Vizag From Today

Visakhapatnam: Opportunities to buy flats, villas and housing sites will be showcased to prospective buyers with various banking loan and interior designing options at the 3-day Credai Property Expo beginning here on Friday.

The expo with special offers for booking and early bird offers and every hour lucky dip is being organised at the elegant-looking Gadiraju Palace & Convention Centre on the beach road.

“The expo, an annual event known for overwhelming response year after year, will offer plenty of choice to finalize their dream home by the prospective buyers,” Credai Visakhapatnam Chapter office-bearers told the media here on Thursday.

Speaking to Bizz Buzz, KSRK Raju (Sai), Chairman of Credai Visakhapatnam Chapter, said the State government’s proactive initiatives, particularly the introduction of a single-window system for building approvals is a welcome move.

“The government’s decision to implement time-bound building approvals from December 31 is a commendable step that will significantly accelerate the pace of business in the real estate sector,” he said. This, coupled with other policy reforms, is expected to bring substantial investments and fuel rapid urban development, solidifying Visakhapatnam’s position as a leading city in infrastructure and livability,” he added.

On the property expo, he said it aims to provide a comprehensive platform for prospective homebuyers and real estate enthusiasts.

Sai applauded the government’s sand policy, which ensures the availability of sand at reduced costs. “With affordable sand, construction projects will thrive, boosting the local economy and creating job opportunities,” he observed.

He emphasised the need for enhanced infrastructure, including flyovers and improved connectivity to the upcoming Bhogapuram International Airport, to complement the city’s growth trajectory.

Sai also highlighted Visakhapatnam’s increasing appeal as an investment destination for Non-Resident Indians (NRIs). Speaking on the exhibition, E Ashok Kumar, Vice President of Credai Visakhapatnam, emphasised the expo’s crucial role in empowering buyers to make informed decisions. “Our primary goal is to create a unified platform where homebuyers can explore a wide range of properties, including apartments, villas, and flats,” he stated.

Highlighting the expo’s legacy, Ashok added, “Over the years, these expos have become a benchmark annual event, showcasing the collective efforts of the builder community while driving significant growth in the real estate sector.”

Expressing optimism about the city’s future, Ashok commended the coalition government for its development-oriented approach. “With robust infrastructure projects in the pipeline, we envision a brighter future for Visakhapatnam as a city of opportunities,” he noted. Expo convener Ch. Govinda Raju said that all 71 stalls for the Property Expo were fully booked in advance with participation from 25 leading builders, layout developers, and renowned interior and exterior design firms. Visakhapatnam Metropolitan Region Development Authority (VMRDA) will also be showcasing its plots.