16th edition of GIHED CREDAI’s 3-day property show commences tomorrow – Friday

• CREDAI NATIONAL Chairman Satish Magar and President-Elect Boman Irani will be the Guests of Honour at the inaugural ceremony.
• Gujarat Chief Minister Bhupendra Patel will be the Chief Guest at the ‘Real Estate Urban Summit’ to be held on Sunday, March 13, at 4 pm. Revenue Minister Rajendra Trivedi, MoS for Urban Development Vinod Moradiya will be the Guests of Honour.
• Come April 1, property prices will go up  by 20 percent in Aapnu Amdavad due to skyrocketing prices of raw materials like cement, steel and bricks.
• CREDAI-AHMEDABAD members have decided to put on hold the price hike till March 31, 2022

NE BUSINESS BUREAU

AHMEDABAD, MARCH 10

Come April 1, property prices will go up  by 20 percent in Aapnu Amdavad due to skyrocketing prices of raw materials like cement, steel and bricks. However, GIHED CREDAI has announced on Wednesday that its members have decided to put on hold the price hike till March 31, 2022, say GIHED CREDAi office-bearers.

Stating that the booming Real Estate Infrastructure sector is a boon for buyers as well as developers, the 16^th edition of Gujarat’s biggest property show, GIHED CREDAI Property Show, being held from Friday, March 11 to Sunday, March 13 offers the golden chance to buyers to book properties at existing prices, said Tejas C Joshi, president of CREDAI AHMEDABAD.

The show has been organised by CREDAI AHMEDABAD, the representative body of over 1,100 real estate developers in the financial capital of Gujarat. This annual flagship event, featuring over 250 RERA approved realty projects, including 200 residential projects, by more than 65 leading developers of Ahmedabad, is taking place at an ideal location – Ganesh Ground, SG Highway, Thaltej.

Speaking with navjeevanexpress.com, Tejas C Joshi, said, “Being organised since 2005, the annual GIHED Property Show has become the premier event of the real estate sector in and around Ahmedabad, the 7^th largest city in the country. The 16^th edition of the show, the largest property in Gujarat, will feature over 250 residential, commercial, office space, plotting, weekend villa projects by leading developers across several locations and budgets, This show will be a one-time-shop for those looking to buy property before March 31 as they will get the benefit of the price rise insulation and saving a whopping 20 percent cost.”

Leading banks, housing finance companies, as well as allied industries, are taking part in the property show which will be inaugurated on March 11 at the hands of senior realty developers.

CREDAI NATIONAL Chairman Satish Magar and President-Elect Boman Irani will be the Guests of Honours.

Those who want to visit the show will have to register online at https://credaiahmedabad.org/ or offline to save precious time and COVID SOPs.

A broker meet has been organized as a part of the show at 11 am on Saturday, March 12.

Gujarat Chief Minister Bhupendra Patel will be the Chief Guest at the ‘Real Estate Urban Summit’ to be held on Sunday, March 13, at 4 pm. Revenue Minister Rajendra Trivedi, MoS for Urban Development Vinod Moradiya will be the Guests of Honour.

“The GIHED Property Show offers buyers and investors multiple choices and is a great place to find a property that suits one’s budget and preference. We invite people of Ahmedabad to visit the show in large numbers to find their dream homes, offices and other properties,” said Viral Shah, honorary secretary, CREDAI AHMEDABAD.

Vice-President Dhruv N Patel said, “We comply with all safety norms and follow international standards. We urge the government to iron out the stringent fire safety norms like two stairs for small buildings as it is economically not viable and also occupies more land.”

Ahead of the Real Estate Urban Summit, realty porojects entailing an investment of over Rs 1 lakh crore have been uploaded on the Gujarat Government’s Vibrant Gujarat portal. This includes around 500 projects of Rs 60,000 crore from Ahmedabad City, AUDA and GUDA limits, and Rs 50,000 crore projects from other cities.

To fast-track the GDCR, revenue, and environmental clearances for these projects, CREDAI AHMEDABAD will appeal to the Chief Minster to form a panel comprising Officer on Special Duty Urban Development in the CMO, secretaries of urban development, revenue, and environment departments, Gujarat RERA Chairman, and reps of CREDAI-Ahmedabad GIHED and CREDAI-Gujarat.

“Faster approvals will increase the pace of development in Ahmedabad and other cities,” added Joshi.