The 9th Property Expo in Visakhapatnam commenced with great enthusiasm and optimism as Mayor Golagani Harivenkata Kumari and Member of Parliament MVV Satyanarayana inaugurated the event at Gadiraju Palace in MVP Colony. The expo, organized by CREDAI, aims to provide residents of the city with a one-stop platform to fulfill their dreams of owning a home.
Mayor Harivenkata Kumari expressed her appreciation for the accelerated development in Visakhapatnam following Chief Minister Jaganmohan Reddy’s decision to declare it as the executive capital. She highlighted the city’s rapid progress, attracting individuals from both within and outside the state. The expo, she emphasized, plays a crucial role in allowing city dwellers to capitalize on the growing real estate opportunities in Visakhapatnam.
MP MVV Satyanarayana praised Visakhapatnam as the second-largest real estate hub after Hyderabad. He commended CREDAI for organizing the expo, providing a comprehensive platform for potential homeowners to access project details and facilities in one place.
The expo, spanning three days, features 96 companies showcasing 300 projects. Special concessions have been announced, with companies offering a Rs.1 lakh discount on plot purchases within three months for expo-registered customers. Visitors also have the chance to win 5 grams of gold daily through a draw and a two-wheeler through a bumper draw.
As part of the program, Credai Visakha chapter founder K. Subbaraju presented cash awards to three students in memory of the occasion. Various dignitaries, including YV Rama Rao, President of Cray Company AP, Neredco President Shivaji, SBI Deputy General Manager Pankajkumar, and Credai Company Chairman KSRK Raju, participated in the event.
The expo also includes informative sessions. GVMC Commissioner Saikanth Verma will discuss the government’s projects for city development, modernization, and road beautification on the morning of the 24th. On the 25th, officials from the Indian Green Building Council (IGBC) will raise awareness about pollution, climate issues, environmental protection, and the construction of green buildings.
The 9th Property Expo promises to be a significant opportunity for residents to explore the thriving real estate market in Visakhapatnam and make informed decisions about their dream homes.