CREDAI Property Expo Launches in Tirupati for Three Days

IO_AdminAfricaYesterday4 Views

Quick Summary

  • The Tirupati chapter of the Confederation of Real Estate Developers Association of India (CREDAI) inaugurated the ‘Property Expo 2025’ on Friday at SHREE Convention Hall.
  • The three-day event was opened by MLAs Arani Srinivasulu (Tirupati) and Gali Bhanuprakash (Nagari).
  • Key CREDAI leaders, including chairman Gopinath, president Ram Prasad, and others, were present at the ceremony.
  • MLA Arani Srinivasulu announced that lands under Section 22A would soon be cleared for access by Tirupati residents.
  • MLA Gali Bhanuprakash highlighted that reduced GST rates on construction materials would benefit prospective homeowners. Both MLAs reaffirmed government support for CREDAI initiatives.
  • Former MLA M. Sugunamma attended the expo and praised the variety of housing products showcased.
  • The event will run until September 7.

[Image: Attendees inaugurating the CREDAI Property Expo in tirupati | Photo Credit: K.V. Poornachandra Kumar]


Indian Opinion Analysis

The inauguration of CREDAI’s Property Expo 2025 in Tirupati holds meaning for both local real estate stakeholders and potential homeowners alike. The proclamation regarding clearing lands under Section 22A reflects a proactive approach toward addressing bottlenecks in land availability-a critical factor influencing housing project timelines and costs in urbanizing regions like Tirupati. Moreover, reduced GST rates could indeed make construction more affordable, potentially boosting demand in the post-pandemic real estate recovery phase.

Such expos serve as crucial platforms for collaboration between developers, policymakers, and consumers while also showcasing innovations catered to modern homeowner preferences. However,consistent follow-through on these government assurances remains essential to truly translate announcements into actionable benefits for citizens.

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