Mahesh Padvekar, 40, creative director at an advertising agency, booked a one-bedroom home in Kalyan at a Nirmal Lifestyle stall at the MCHI (Maharashtra Chamber of Housing Industry) Property Exhibition at Bandra Kurla Complex.
“Kalyan is a fast-growing area. I made a booking payment of Rs18,000 at the exhibition,” said Padvekar.
Over 100 builders put up stalls in the four-day exhibition, which ends today. Properties on display include one-bedroom to five-bedroom flats, penthouses and homes across different price points with exhibitors to explain the floor plan, location, amenities and home loan tie-ups with banks.
According to MCHI, they have had 25,000 visitors in the first two days of the exhibition. “Most enquiries were about homes in developing suburbs such as Bhandup, Virar, Mulund, Thane, etc,” said Bharat Chauhan, sales deputy general manager, Neptune Developers.
Ravi Bhalla, 35, a financial analyst, said: “I could compare prices of homes in different areas of Mumbai.” Paras Gundecha, president of MCHI, said: “Many projects are awaiting clearance from the government and have not been launched. So, there are hardly any discounts.”