Showcases Delhi-NCR’s best real estate projects at the mega event; Buyers need to make a move NOW to catch the best of real estate deals.
HOMES FOR ALL EXPO, a mega real estate exhibition focused on residential properties was launched today amongst much fanfare and saw a huge turnout of people looking at buying a home for themselves. The exhibition will be on for two more days, till 14th June 2009 at Pragati Maidan, New Delhi. Organised by LIC Housing Finance Ltd. (LICHFL), the Homes For All Expo is targeted primarily at the first-time home buyers and features the best of offers in residential real estate properties segment in Delhi-NCR from leading builders including Ashiana Homes, Ajnara, Amrapali Group, Emaar MGF, Gaursons, MVL Ltd., Omaxe, Optus Developers, Parsvnath Developers, Raheja Developers, SVP Group, TDI Infrastructure, Today Homes & Infrastructure, Triveni Infrastructure, Unitech, V3S Group, Vatika Group, Vipul Group amongst many others.
According to Mr. R.R.Nair, Director & Chief Executive Officer, LIC Housing Finance Ltd., “Investments in real estate have always proved to be the wisest and safest investments and when it comes to owning a home for one’s own use, nothing can match the pride attached to it. Buyers who have been waiting for the prices for real estate properties in the residential segment to bottom out must move fast if they want to be able to catch a good deal as there are many indications that the market is bound for a revival and the real estate prices will only gather momentum from here onwards.”
On display at the Homes For All Expo are 1-4 BHK Flats, Duplex, Apartments, Penthouses, Bungalows etc. across Delhi-NCR. The participating real estate developers shared the exciting platform and negotiated personally with around with over 3000 visitors at the mega event on the very first day.
“The Homes For All Expo has brought the buyers and the developers under the same roof after a real long time! The first-time buyers of houses will greatly benefit if they take a buying decision now as many of the participating developers are offering exciting offers to buyers for on-the-spot bookings. Additionally, since the real estate sector in India is well poised for a turnaround, the prices are expected to once again rise in the near term. As such, we sincerely believe that this is, in fact, the perfect time to buy residential properties.” elucidated Mr. Nair.
Targeted primarily at the first-time home buyers, the expo will offer a chance to the visitors to avail exclusive discounts and other special schemes on all spot bookings of the properties. LIC HFL will help the buyers in identifying the property of their dreams and speedy processing of their home loan applications.
“The visitors to our expo will derive huge benefit as they will get to see and evaluate various options from different developers, all under the same roof,” concluded Mr. Nair.
About LIC Housing Finance Ltd.
LIC Housing Finance Ltd. is one of the largest Housing Finance companies in India. Incorporated on 19th June 1989 under the Companies Act, 1956, the company was promoted by LIC of India and went public in the year 1994. The Company launched its maiden GDR issue in 2004. The Authorized Capital of the Company is Rs.1500 Million (Rs.150 Crores) and its paid up Capital is Rs.850 Millions (Rs.85 Crores). The Company is recognized by National Housing Bank and listed on the National Stock Exchange (NSE) & Bombay Stock Exchange Limited (BSE) and its shares are traded only in Demat format. The GDR's are listed on the Luxembourg Stock Exchange.
The main objective of the Company is providing long term finance to individuals for purchase / construction / repair and renovation of new / existing flats / houses. The Company also provides finance on existing property for business / personal needs and gives loans to professionals for purchase / construction of Clinics / Nursing Homes / Diagnostic Centres / Office Space and also for purchase of equipments.
The Company possesses one of the industry's most extensive marketing network in India : Registered and Corporate Office at Mumbai, 6 Regional Offices, 13 Back Offices and 157 marketing units across India backed by chain of camp offices. In addition the company has appointed over 934 Direct Sales Agents (DSAs), 4865 Home Loan Agents (HLAs) and 485 Customer Relationship Associates (CRAs) to extend its marketing reach. Back Offices spread across the country conduct the credit appraisal and administrative functions.
The Company has set up a Representative Office in Dubai and Kuwait to cater to the Non-Resident Indians in the GLCC countries covering Bahrain, Dubai, Kuwait, Qatar and Saudi Arabia. Today the Company has a proud group of over 9,40,000 prudent house owners who have enjoyed the Company's financial assistance.
