India Property and QuikrHomes hosted 119th edition of ‘Gruhapravesham’ in Hyderabad

• The two-day event was inaugurated by Shri. C. Shekar Reddy, Chairman, IGBC Hyderabad, attending as Chief Guest of Honor.
• Over 300+ projects from 60+ builders were showcased in this edition of the property expo.

Hyderabad, March 28, 2019: India Property Online Private Limited, a Quikrcompany and a leading full-stack real estate platform based out of Chennai, hosted the 119^th edition of its flagship property show, Gruhapravesham,India’s first series of virtual and offline property shows in Hyderabad on 23rd and 24th March, 2019. The two-day event was inaugurated by Shri. C. Shekar Reddy, Chairman, IGBC Hyderabad chapter, attending as Chief Guest of Honor. More than 300 projects from 60+ builders were showcased during the property expo.

The event presented projects from a wide range of plots, apartments, villas, and gated communities from Telangana & Andhra regions. Property seekers were also offered home loan assistance. Leading developers such as Aparna Constructions, Ramky Estates, My Home Constructions, Aditya Constructions, North Star, EIPL, GKRS Properties, Phoenix Group, SiriSampada Farms,Muppa Projects, NCC Urban, Trishala, Provident Housing, Vishal Projects, SMR, Mak Projects, Sark Projects, Accurate Green Meadows, Sai Surya exhibited their projects and offered exciting deals to the interested buyers at the expo.

According to IndiaProperty.com’s proprietary ‘Transaction Analytics’ tool, Hyderabad has seen the highest capital appreciation & rental yields compared to other Tier I cities in India last year. The city continues to be a lucrative real estate market for buyers in India & abroad alike. Given how owning a home is still the ultimate aspiration of most urban Indian families, many property seekers search for properties online, however, shortlist&take final decision after consultation with their families. Gruhapravesham property exhibitions was started to address this and build an ecosystem of trust which will go a long way in helping more people achieve their dreams.

Given the dynamics that Hyderabad as a city is seeing, there are many people who are giving properties a serious think. When Hon’ble Mr. K. T. Rama Rao inaugurated Gruhapravesh Property Expo in June 2014, the first biggest property expo in Telangana, he had visualized a Golden Telangana and Hyderabad as a Global City. True to his vision, the state government has introduced various progressive infrastructure projects. In fact, the Telangana government has invested in the city’s infrastructure and modes of transportation for better connectivity in order to keep up with the heavy influx of urban population. Also, the Government announced 50000 Cr Plan towards infrastructure makeover.

The recent updates like the new metro corridor from Ameerpet to Hitec city, increased office space demand from Global giants, Tax benefit to second homeowners announced in Budget 19-20, shows that 2019 will be a promising year for the Hyderabad real estate sector. True to it, this year’s Gruhapravesham property show saw many aspiring home buyers attend the expo to explore various properties and projects.

Corporate Comm India(CCI Newswire)