09/01/2013
RealEx 2013, a three-day real estate property show will be held in Patna from March 23 at at Hotel Clark Inn. Organised by eNow Media Private Limited, one of the world’s leading exhibition organizers, the expo will prove to be beneficial for the real estate developers and real estate professionals.
The exhibition will offer the visitors a snapshot of Delhi NCR, Bihar and Jharkhand property markets as a whole, which will help home buyers’ dream of owning or investing in Delhi NCR, Bihar, or Jharkhand real estate come true.
With enormous projects exhibited by over 40 developers, property seekers will be able to look at a spectrum of properties available, different investment options, financing sources, Vaastu consultations and sorting out legal queries, all under one roof.
The visitors will also get special on-the-spot home loan approvals for properties purchased at the exhibition and promotional give-aways when they visit the exhibition, say organisers.
The participating property developers will not only showcase their existing but also the upcoming projects along with infrastructural development that these regions will witness, thus making them a lucrative option to invest.
Bihar is witnessing improved market sentiment primarily because of better law and order in the state. The consumption pattern of the people of any state depends largely on economic policies, buying habits of the younger generation, financial independence at a young age, increase in number of nuclear families and increase in media exposure of the people. The tastes and preferences of the current generation are changing rapidly. The current generation does not mind paying extra for better facilities and ambience. The exhibition will offer an excellent opportunity to sponsors and exhibitors to interact with these potential customers at a personal level.
Moreover, the proximity of the state of Bihar to the national capital has always attracted people towards the booming real estate market within the Delhi NCR region. Also, the next generation of Bihar who have migrated to Delhi NCR region in the last one decade have realized that real estate is a good investment and with the boom of this sector in this part of the country, you could see huge investments in places like Gurgaon, Noida, Ghaziabad, Vaishali, Manesar, and Faridabad amongst others.
Real estate is one such sector that has attracted the Generation Y, who is not only making huge investments within the state but also in the neighbouring state of Jharkhand. Additionally, the improved infrastructural facilities like power supply, railways, roadways and telecommunication have also given an impetus to their decision to invest in the real estate.
Besides these next-gen buyers, the visitors to the three-day property expo may include investors in real estate, property advisers/appraisers, institutional investors, construction industry professionals, government agencies, manufacturer of building equipment and components, supplier of building materials and equipment, and property agents/brokers.