Fair Pro 2013 - CREDAI Chennai: Overwhelming Success..!

** More than 275 bookings were made in 3 days valued at Rs. 165 Crores..!.

# # The highest sale was done by Jain Housing and VGN Developers..!

                                               

The 3 day property show “Fair Pro 2013” organized by CREDAI Chennai, was a phenomenal success. More than 275 bookings were made in three days (Feb. 22 to 24, 2013) valued at Rs. 165 Crores. The highest sale was done by Jain Housing and Constructions and VGN Developers. Jain Housing holds the record for the highest turnover for the last 6 years.

Mr. Sandeep Mehta, President, CREDAI said, ''Fair Pro 2013 attracted above 70,000 prospective buyers, and apart from the business done at the venue, the developers are expecting 600 more bookings in the next ten days at a turnover of more than Rs.350 crores. Therefore the total value will be over Rs.500 crores.

Sandeep Mehta, President, Chennai Chapter CREDAI

Mr. Suresh Krishn, Secretary, CREDAI said, ''We received a huge response compared to last year. The average sale price of individual units ranged from Rs.11 lakhs, and at the upper end it was Rs.7 crores."

Suresh Krishn, Secretary, CREDAI

To enable prospective buyers to conclude deals with ease, CREDAI Chennai roped in 7 leading financial institutions and conducted loan melas at Sholinganallur and T.Nagar one week in advance. About 1,500 prospective buyers took part in the loan mela.

For further information please contact  

Mr. P. N. Easwaran , General Manager

Confederation of Real Estate Developers' Associations of India - Chennai

Mob : +91 9840575234

No. 11, Challa Mall,  Theyagaraya Road,

T. Nagar, Chennai – 600017

Ph : 91 44 24350129, Telefax : 91 44 42126369, Email: gm@credaichennai.in,

Web Site:  www.credaichennai.in

For Media Contact

Mr. Satyan Bhatt, Prism PR, Mob: 98400 85411.Email: prism123@airtelmail.in

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