Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
The Hindu Bureau

The Hindu Home Expo gets under way

The sixth edition of The Hindu Home Expo got off to an encouraging response at Lulu Mall on Saturday.

Inaugurating the two-day event presented by CERA and powered by Canara Bank, Union Minister of State for External Affairs and Parliamentary Affairs V. Muraleedharan credited The Hindu Group for organising the expo which, he said, is in line with Central government’s policy of protecting the interests of the consumers as well as the builders and other stakeholders in the construction industry.

Highlighting the success achieved by Central schemes such as Pradhan Mantri Awas Yojana that was beneficial to nearly 3 lakh people in the State and 3.3 crore people across the country during the last nine years, Mr. Muraleedharan said the Centre has also made focused interventions to bring down interest rates for housing loans with an eye on the welfare of the middle class.

Union Minister of State for External Affairs V. Muraleedharan inaugurates The Hindu Home Expo, at Lulu Mall on Saturday. CREDAI national executive Member S.N. Reghuchandran Nair (right) and CREDAI Trivandrum President Sureshkumar S. are also seen

The Centre, he added, upheld a development strategy that integrated welfare and development. Combined efforts by the Central and State governments, local self-government institutions and other stakeholders are vital to achieve the country’s goal of a $5 trillion economy by 2026-27.

S.N. Raghuchandran Nair, CREDAI national executive member and CREDAI Kerala convener general, who delivered the presidential address, said the real estate industry has achieved a good momentum in the post-COVID-19 era and the The Hindu Home Expo is expected to provide greater impetus. He also lauded the novel initiative to organise the event in the shopping mall to attract more buyers.

Pointing out that the construction sector in Kerala has been witnessing a boom, he said 12,000 apartments units had been sold in 2022. The industry had an annual construction turnover of ₹1.47 lakh crore and an annual sales turnover of ₹2.5 lakh crores. About 38% of the revenue generated is being contributed towards the government by way of taxes and registration charges, Mr. Nair added.

Kiran Joshy, Assistant Vice President, Kerala Business Head, The Hindu welcomed the gathering. CERA manager B. Padmakumar, Canara Bank deputy general manager Manoj Kumar Meena, Kerala Real Estate Regulatory Authority (K-RERA) chairman P.H. Kurian, CREDAI Thiruvananthapuram president S. Suresh Kumar, secretary Sabari Rathen M. and M.R. Krishnanunni, Manager, The Hindu, also participated.

The Union Minister also presented gift coupons jointly sponsored by Swayamvara Silks and Style Plus to Reshma, Anil Ahamed and Chithra Suresh (on behalf of Satheesh) who had booked houses at The Hindu Print Cum Virtual Expo 2020 in Thiruvananthapuram.

The expo is featuring over 100 properties of nearly 20 leading buildings including apartments and villas located across the city. The projects range from ₹35 lakh to ₹3.5 crore. K-RERA and six leading banks which offer home loans at reduced interest rates are also part of the event.

The major highlights include special offers from builders, gifts for spot bookings and free car parking. The expo will conclude at 10 p.m. on Sunday.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.