A four-day-long Property Expo 2014 organised by the Confederation of Real Estate Developers’ Associations of India (Credai) Odisha would begin here from November 14. The expo’s theme for this year is ‘House for All with Trust’.
The Credai, Odisha chapter, would showcase models of various houses starting from the range of Rs15 lakh at its exhibition at the Swosti Premium, said Credai national joint secretary DS Tripathy.
Tripathy told reporters here that the event would bring together almost 35 property developers, loan assistance providers including SBI, UBI, Bank of Baroda, lIC, HFl, AXIS Bank, DHFl and Reliance Home Finance ltd along with housing and lifestyle products like Fenesta window system and the customers under a single roof.
Officials of the State Bank of India (SBI), main sponsor of the expo, said the bank would give privilege to women real estate customers by reducing interest rate to 10.10 per cent.
“The real estate sector in Bhubaneswar is getting a boost compared to other parts of the country. So, the Property Expo will help the real estate sector get more attention of common men,” said SBI Bhubaneswar Zone-I DGM Arup Dasgupta.
Tripathy said this year the Credai Odisha would conduct a survey on housing needs of people of the State which would provide guidance to builders to understand the customers’ needs and help them formulate different strategies to bring out better products according to their expectations and demands.
Among others, Credai Odisha president Dillip Kumar Patra, Vinay Krishna Das and members of the Credai and officials of the SBI were present.