2020’, the annual flagship property of CREDAI Chennai and
the biggest property expo of Chennai was graced by Honorable Deputy Chief Minister of Tamil
Nadu, Thiru O Panneerselvam. Thiru Rajesh Lakhoni, I.A.S, Secretary- Housing and Urban
Development Department, Thiru D Karthikeyan, IAS, Member Secretary of CMDA and Thiru
Chandra Sekhar Sakhamuri, I.A.S, Commissioner, DTCP were also part of the inauguration event.
The property expo was will be for three days with 70 developers displaying nearly 400+ residential
projects with prices that range from 21 lakhs to 11 Crores and above.
CREDAI Chennai announced that all projects are approved and registered under TAMILNADU REAL
ESTATE REGULATORY AUTHORITY (TNRERA), which will ensure hassle-free transactions for the
homebuyers. Moreover, each project submitted for FAIRPRO 2020 caters to buyers from different
segments with lucrative pricing and offerings across different house segments.
Commenting on the occasion, Mr. S. Sridharan, Chairman – CREDAI Tamil Nadu said, “We are
incredibly proud and honored to have had Hon. Deputy Chief Minister of Tamil Nadu, Shri O
Panneerselvam to grace the inauguration of this 13th edition of FAIRPRO. Through this expo, several
builders will start opting for the affordable housing segment and this, in turn will create demand for
affordable housing in the industry. Moreover, the amendments made to the Tamil Nadu Combined
Development and Building Rules recently are also expected to boost affordable housing in the city.”
Commenting on the same, Mr. W.S Habib, President, CREDAI Chennai said, “We are incredibly
proud and honored to have had Hon. Deputy Chief Minister of Tamil Nadu, Shri O Panneerselvam to
grace the inauguration of this 13th edition of FAIRPRO. With this being one of the most successful and
longest running real-estate exhibition in the country, we expect to see our footprints expand and
make this year’s edition a grand success too. This year, over 70 developers have showcased more
than 400 residential projects. Houses ranging from Rs. 21 Lakhs to multi-crore luxury projects will be
on offer. As we emerge into a new edition of FAIRPRO 2020, we hope that our platform paves the
way for more participants and projects in the coming future, as well. Apart from this, through this
expo home buyers are guaranteed more than just a property. A great place to live, with ample peace
of mind & security through their safe & secure investment with fast appreciating returns will also be
experienced as every property showcased at FAIRPRO 2020 is RERA registered.”
Further adding to this, Mr. Sivagurunathan, VP & Convenor, CREDAI FAIRPRO 2020 said, “As a
concrete testimony to our unwavering dedication to building a better world for all our valued
customers, our mission & theme for this year FAIPRO is “HOUSING FOR ALL” –the Prime Minister’s
vision for 2022. With each passing year, CREDAI has become a household name that spells quality,
trust & credibility. Not only that, CREDAI has set up a consumer grievance redressal forum to resolve
the complaints of homebuyers and is dedicated to assuring fair deals, fair prices & fair practices to all
prospective homebuyers by organizing CREDAI FAIRPRO. At CREDAI Chennai we are continually
exploring new strategies and harnessing our resources to overcome all constraints, thereby
expanding our horizons and naturally that of our customers. Through this expo, visitors can
compare, review and make a well informed, intelligent investment decision, without any hassle as
well.”
The expo also sought active participation of banks for FAIRPRO 2020 such as, ICICI, HDFC, SBI and
LIC, UBI respectively.
CREDAI Chennai
Confederation of Real Estate Developers’ Association of India (CREDAI), the apex body for the private real
estate developers in India, representing over 12,000 private Real Estate developers spread across 23 state
level chapters and 203 cities in India. CREDAI has worked hard to make the industry more organized and
progressive by net working closely with government representatives, policy makers, investors, finance
companies, consumers and real estate professionals. Acting as the voice of India’s Real Estate Industry, CREDAI
has been the guiding force for the growing Real Estate sector in India bringing more transparency. CREDAI’s
success in bringing the majority of organized private real estate developers under a single umbrella is a potent
force that promises the rapid development of the realty sector, one that knows itself as a major driver of
India’s economic growth.