MAPPING THE GENNEXT HOME BUYER’S HOUSING NEEDS

February 2024

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MAPPING THE GENNEXT HOME BUYER’S HOUSING NEEDS

What new aspects can visitors to the Expo expect this year? HOME UTSAV : PROPERTY 2024-Thane will showcase offerings from some of India's leading real estate developers, who will offer a wide array of opons across on-going projects in Thane.

CREDAI-MCHI Thane's HOME UTSAV : PROPERTY 2024-Thane has been curated to offer home seekers with a vibrant, safe and secure plaorm to offer not just housing but also a wide range of home finance and other real estate related offerings. For GenNext and Gen-Z, the Expo offers a unique plaorm to not only make the transion from a ‘low asset’ thought process to one where they buy their own first home. For the first me home buyer, HOME UTSAV : PROPERTY 2024-Thane will also offer informaon and knowledge through events that will add value. CREDAI MCHI Thane is more than just as associaon of real estate developers; it represents trust, faith and confidence on part of home seekers. The Youth Wing represents GenNext, not just among the real estate developers, but also the ‘new age home buyer’. Our contribuon to the Expo can be seen in the bright and vibrant look and feel that the expo reflects, as also subtle touches which make it relevant to the home seeker who are both – young in age and young at heart. When a home seeker realizes that CREDAI MCHI Thane, as an organizaon, is concerned about the city and its cizens and stands up to support the city in any crisis, it becomes a stakeholder in the city’s growth. This obviously creates a posive impact in minds of home buyers and impacts senment posively.

We see the success of HOME UTSAV : PROPERTY 2024-Thane as an extension of this senment. CREDAI MCHI Thane, as an important part of the social fabric of Thane City, responded to feedback by home seekers who wanted the expo to return this year also. We did the needful last year, now we are all set to welcome home seekers selecng their dream homes and making it a reality through the event, HOME UTSAV : PROPERTY 2024-Thane.

When it comes to visitors to the Expo, the numbers will reflect actual home seekers and not casual expo visitors, this is expected to be a very posive development. Across the four days of the expo, we expect good crowds at stalls of banks and home finance companies, where they will source informaon such as the period of disbursement, the tenure and eligibility on home loans. Apart from this, the home finance stalls will also have experts with answers to legal queries and this, hopefully, will help clarify doubts on the documentaon process. Overall, the response to HOME UTSAV : PROPERTY 2024-Thane is expected to be good, not just from a real estate perspecve, but also the home finance aspect.

Every good event needs to be planned properly and executed well. HOME UTSAV : PROPERTY 2024-Thane will achieve its goals as the ideal informaon centre, where home seekers will get informaon about Thane, the surrounding region, properes and the home loan aspect. As usually happens, visitors will not buy the properes right away – we will see sales from such visitors spread across the next couple of months, like on auspicious days like Akshaya Triya. Thane’s property will see enhanced home buying post the Expo, simply because it offers some of the best opons, across different budget segments, in a city which is culturally vibrant.

Jay Vora is Youth Wing President,
CREDAI MCHI Thane

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Also Read: THE EXPO THAT’S TRULY PREMIUM TO BUY YOUR HOME


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