BWI: Builders Association of Navi Mumbai Organizes its 11th Mega Property Exhibition 2010 from 3rd-6th December at Palm Beach, Navi Mumbai.

Press release from Business Wire India
Source: BANM
Wednesday, December 01, 2010 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Construction, Real estate
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Builders Association of Navi Mumbai Organizes its 11th Mega Property Exhibition 2010 from 3rd-6th December at Palm Beach, Navi Mumbai.


Mumbai, Maharashtra, India, Wednesday, December 01, 2010 -- (Business Wire India) -- The Builders Association of Navi Mumbai (BANM) is holding its eleventh annual property exhibition from December 3 to 6, 2010. Properties from Vashi, Sanpada, Kharghar, Panvel and many more location would be on display.

Approx 100 members are participating in the exhibition which will have 175 stalls. Major financial institutions too are participating in one of the biggest exhibition of Navi Mumbai.

Said Bhupendra Shah, President of BANM, "This is a great time to hold the exhibition. First of all I would like to congratulate all the residents of Navi Mumbai and in fact the State as well, on the sanction of Greenfield International Airport in Navi Mumbai. This project will bring more jobs and also boost the property market and commercial activity in the region. The demand for houses is all set to soar here."

Added Shah, "Along with the airport, the proposed sealink, water transport and metro rail will provide excellent connectivity to the city of Navi Mumbai. Such infrastructure is the key to the development of any city and Navi Mumbai will now have them all."

Speaking on the exhibition, Shah said, "This year the exhibition will be even bigger than those held in the previous years The flat sizes on offer will be from 400 square feet to more than 7,000 square feet. The flat prices will range from Rs.12 Lakh to Crores of Rupees."

He further added "This year there will be more than 2.5 to 3 lakh visitors to the exhibition in comparison to last year's 1.5 lakh visitors last year."

Stated the BANM President, "I invite those interested in purchasing their dream homes, to the exhibition as this is a great opportunity for them to choose from a wide variety of houses at a single venue under one roof."

According to Manish Bhatija, conveyor of BANM exhibition, "While the exhibition will be of great benefit to the developers, the real winners will be the customers. They will get a large variety of properties to choose from. This is the right time to your dream home. Finance too will be easily available due to the presence of the financial institutions at the exhibition venue."

Concluded Bhatija, "With the airport clearance through, investors from Mumbai, Pune and Thane too will be interested in the region."

The green signal to the Navi Mumbai international airport has already begun to influence the property market of Navi Mumbai and is expected to boost it further in the coming days.

Suresh Haware, main sponser of BANM exhibition said, "This definitely is a milestone for the city in terms of infrastructure. An increase of 20 to 25 percent can be expected with respect to the property prices because of this approval. This apart, hotel and tourism sector is going to be benefited and it will generate two lakh new employment opportunities in the city." he added.

Agreed Devang Trivedi, Joint Secretary of BANM, "With the approval of the airport Navi Mumbai has become a self contended, complete city, and consequently the overall sentiment of the people towards it will change. There will be nothing that the city lacks in terms of infrastructure People, not only from Mumbai, but from other regions including neighbouring Pune will come to reside here."

He continued, "The prices of property in the city will increase by 15 percent within one month and comparatively less populated nodes like Kalamboli, Khandeshwar, New Panvel will come into the limelight."



CONTACT DETAILS
Vilas Kothavale,, BANM, +91 (22) 27890359 / 27894805, info@banmnavimumbai.com

KEYWORDS
CONSUMER, PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, CONSTRUCTION, REAL ESTATE

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