The exhibition which received an overwhelming response from visitors was exciting for the developers for two reasons.
The 15th Maharashtra Chamber of Housing
Industry (MCHI) property exhibition which concluded on Monday saw a sale
of 200 flats and a footfall of more than 50,000.
The exhibition which received an overwhelming
response from visitors was exciting for the developers for two reasons.
Bhiwandi emerged as a new property choice for potential buyers and
Ghodbunder Road led the pack with 200 flats being sold from GB road.
Jitendra Mehta, chairman exhibition,
MCHI-CREDAI, Thane shares "Exhibition has started on a very positive
note and this time a lot of serious buyers have turned up. With 300 plus
projects, buyers had a range of choice."
"While GB road remains a choice for elite
property seekers, Kalyan Phata near Bhiwandi is getting a good response
and the conversion rate is also good," adds Mehta.
With Thane being tagged as a Smart City, the
entire face of the city has changed and various development projects
have only added to the advantages of the city. The three days of
exhibition saw maximum rush outside stalls exhibiting properties in
Bhiwandi.
Talking about the increased inquiries, the
developer said, "Kalyan Phata is developing faster and other than
affordable rates, the place has a very good connectivity. People having
their own vehicle can easily commute from Thane within half an hour as
it very well connected through road other than the train."
Abhijeet Ragji, a local who is planning to book a
2 BHK flat said " Ghodbunder Road flats are now out of reach as they
are touching a crore and more but while I inquired about Bhiwandi they
are really affordable and are available at a cost ranging between Rs.
2700 to 4100 per square feet and flats could be purchased at a cost of
Rs. 40-45 lakhs."
"Kalyan Phata is a good option as flats are
available at affordable rates and there is not much difference between
Thane and new Bhiwandi," said Vishal Gajare, a potential buyer.
Ghodbunder road has become an elite choice with
the kind of property rates available while Bhiwandi has emerged as a new
affordable property destination in the city.
With the kind of response at the property
exhibition, it seems that good days for real estate developers are back
and exhibitors feel that they would get more conversions in coming
months.
Contact
501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India
Mobile : (+91) 9833 4583 23 E-mail: mchithane@gmail.com
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