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Mangalore: Two-day CREDAI Property Expo gets under way

Mangalore: Two-day CREDAI Property Expo gets under way

Pics: Dayanand Kukkaje
Daijiworld Media Network - Mangalore (SS)

Mangalore, Sep 28: A two-day real estate exhibition organized by the Confederation of Real Estate Developers Associations of India (CREDAI) was inaugurated by the minister for forest, environment, and ecology B Ramanath Rai and minister for urban development Vinay Kumar Sorake on Saturday September 28 at Dr TMA Pai International Convention Centre here.

The two-day exhibition was addressed by professionals from the fraternity of real estate developers. The theme of the convention was 'Home for All' wherein the real estate developers' association, regional and national builders, nationalized banks and customers from around the region shared a common platform.

Youth services and fisheries minister Abhaychandra Jain, MP Nalin Kumar Kateel, president of SCDCC bank M N Rajendra Kumar, Mangalore North MLA Mohiuddin Bava and MLC Ganesh Karnik were among the chief guests. The dignitaries were felicitated after the inauguration.

The welcome speech was delivered by Pushparaj Jain, president of CREDAI.

In his presidential address, B Ramanath Rai said, “After Bangalore, Mangalore is the next most developing city in Karnataka. Individuals from Mangalore are recognized worldwide. Our goals may be individualistic but with our prosperity the nation must also prosper.

“Development should be initiated but the environmental factors and tranquility within the society must not be neglected. Addressing  the laws and regulations in the process of development is also equally essential," he added.

Vinay Kumar Sorake said,  “In the year 2013, the population of Karnataka has increased by 3% as compared to 2011 census. Also, the population in rural areas has reduced by 6%, which indicates that only specifica areas have undergone development."

He added,  “Around 18% of GDP is assigned to rural development, and furthermore welfare schemes have been initiated so that there is an overall growth. A master plan is set to be proposed wherein any district that produces more than 50% of non-agricultural revenue would be declared a town panchayat.

He also emphasized on initiating new schemes in Mangalore, innovation in urban governance and reviewing laws every three months.

Abhaychandra Jain said, “CREDAI in Mangalore has been customer-oriented and has delivered social responsibility effectively. CREDAI is fulfilling the dreams of Dakshina Kannada people through this programme."

Customers at the Expo will have a chance to win Hyundai i10 car as first prize, Honda Activa as II prize and 32 inch TV as III prize for spot booking of apartments.

Rohan Corporation, Vishwas Bava Developers, Plama Developers, Ace Developers, Shalimar Builders, Allegro, Abish, Presidency and others builders and developers participated in the CREDAI expo.

K C Naik, chairman of the Realty Expo, Vinod Pinto, treasurer of CREDAI, Ganesh Bangera, honorary secretary, committee member S M Arshad and other officials were present on the occasion.


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Comment on this article


    Sat, Sep 28 2013

    Though the development in City life style of human, it also interacts with rural areas, where small economical class small megre construction should have been taken in rural areas with all infractures like in city life, this all the degnatreis are not aware about the village development in trans with City life. This will help in City level one time investors -and not helping to Rural level middle class persons, we never thought about Rural areas, *We can construct these type fo Flats in rural areas and indirectly it helps Poor/middle cass. Nobody is interested about these all. Simply arranged function attened and briefed. We too having infacture about Rural Developments Prgrammes.When the Business in City is in doldrum starts these type of Programme.

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