APREDA Property Show 2012 Press Conference
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APREDA & Jones Lang LaSalle Cities launches "APREDA Property Show 2012"
Hyderabad, 10th November, 2012: Andhra Pradesh Real Estate Developers Association (APREDA) today launched the "APREDA Property Show 2012" in Hyderabad. The property
show was inaugurated and graced by dignitaries Sri. N Kiran Kumar Reddy, Chief Minister of A.P, Sri. K Chiranjeevi, Minister of State for Tourism, Govt. of India, Sri. N Uttam Kumar
Reddy, Minister for Housing, A.P and Sri M Maheedhar Reddy, Minister for Municipal Administration & Urban Development, A.P.
APREDA in association with Jones Lang LaSalle featured a Global Seminar on "Real Estate-Accelerating the Growth Story" at Hitex Exhibition Grounds. The property show was
sponsored by LIC Housing Finance Limited and the conference by the State Bank of India. The two day exhibition had 188 stalls with leading Real Estate Developers & Builders
showcasing their latest properties ranging from Four Lakh to Four Crores Rupees to prospective buyers. In the previous year, APREDA property show had registered over 40,000
visitors and this year the count has increased to more than 50,000. The property developers who participated include best of the Indian real estate and construction companies.
Apart from builders, 15 Leading Banks and Housing Financial Institutions like LICHFL, SBI, India Bulls, DHFL, HDFC Ltd, ICICI, SBH, Syndicate Housing Finance, Can Fin Homes, Axis
Bank, IOB, Central Bank of India, Federal Bank, Punjab Housing Finance participated in the property show so that the prospective buyers can enquire about the loan rates and apply
for suitable loans under one roof.
APREDA Property Show organized a Lucky Dip for all the visitors and many prizes such as the Bumper Prize of Honda Car, Motor Cycle, JBL Home Theatre system, TV, Refrigerator and
draws for Gold & Silver Coins were given away.
The global seminar "Real Estate-Accelerating the Growth Story" was organized by APREDA in association with Jones Lang LaSalle, an international property consultant, as the
Knowledge Partner on November 10th 2012. The conference had eminent national & international speakers from the Industry and various leading institutions who discussed the
Challenges faced by Hyderabad Realty, and shared their knowledge about Innovativ Construction Technologies, Funding, Finance and Innovative Marketing with the Hyderabad
Realty Giants. The conference was held in four sessions on the same day starting from 10 AM and ending at 6PM.
Commenting on the occasion, Mr. P Premkumar, President, APREDA, said, "APREDA Property Show 2012 has received an overwhelming response from the real estate fraternity & prospective buyers. The turnover rate has increased substantially as Real Estate has become a hot investment option despite volatility in the market. Visitors were given an opportunity to view a wide range of properties featured and financing sources, all under one roof."
Other agencies which show cased their initiatives include Metro Rail, HMDA, GHMC, IGBC, Registration Department, Sparsh Hospice and Akshay Patra Foundation.
About APREDA:
APREDA was formed on 7th April 1995 with the vision to become a leading, credible and a guiding force in the realty sector for all the stakeholders. APREDA also aims to enrich the members through its knowledge Bank and enable them to create projects to exemplary standards. They work towards the enhancement of quality of life of the society in harmony with nature. APREDA's mission would encompass to bring all the developers on a common platform; building trust and camaraderie together developing team spirit. They coordinate with all policy-making authorities in evolving and implementing real-estate friendly policies and service delivery systems in order to stimulate development.
About Jones Lang LaSalle (JLL):
Jones Lang LaSalle is a financial and professional services firm specializing in real estate services. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than USD 2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse in real estate with USD 45.3 billion of assets under management. Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 19,700 employees operating in 78 offices in 13 countries across the region. The firm was named the Best Property Consultancy in Asia Pacific at ’The Asia Pacific Property Awards 2011 in association with Bloomberg Television1.