FIs Eye Rs 1000 Cr Revenue From NAREDCO Maharashtra’s Homethon 

The National Real Estate Development Council (NAREDCO) Maharashtra is all set to host the second edition of HOMETHON Property Expo 2023, at the JIO World Convention Centre, BKC, Mumbai from November 24 to 26, 2023. Leading housing finance companies are looking to grab this opportunity to generate substantial revenue from this 3-day property expo. They will have attractive home loan offers awaiting the home buyers. 

Sandeep Runwal, President, NAREDCO Maharashtra, says, “We have seen robust sales numbers in the past few months. This property exhibition is here at an appropriate time, just a week after Diwali, where home buyer sentiments are at an all time high; further driving housing demand. This year we are expecting over 50000 walk-ins at the expo which will be a win-win situation for the investors, developers as well as the housing finance companies alike. We expect the housing finance companies to generate a revenue of over Rs. 1000 crore through this expo.”

Housing Finance Companies like State Bank of India, ICICI Bank, Central Bank of India, HDFC Bank and Aditya Birla Housing Finance, among others, to help facilitate home loans at the event. The exhibition is expected to provide immersive experiences with various leading developers, top-tier properties, housing finances, sales, knowledge sessions, and much more.

GS RANA, Chief General Manager, SBI Mumbai Metro said, “SBI, being the largest Home Loan player in India, is fully geared up to leverage the influence of an event like HOMETHON, being organized by a prestigious industry association like NAREDCO. At the event, we will be offering, on the spot approvals to potential Home buyers at the most competitive interest rates and lowest to nil processing fees in our ongoing campaign ‘Festive Delights’.”

The HOMETHON Expo 2023 will showcase over 500 projects from Maharashtra’s leading developers, mentions a press release issued by Naredco. 

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