Tuesday 17 December 2013

CREDAI Property Show, Marine Drive, Cochin


It was a big time at Marine Drive, Cochin to be a part of the finest property expo that is happened with a loud bang. The show took over the moments and space from December 13 till 15th, 2013. Inaugurated by the Minister of Excise Sri K. Babu, the inaugural function was presided over by the President of CREDAI, Cochin Mr. John Thomas, respectively. The Chairman of Credai, Kerala Mr. Raghuchandran Nair kept himself as the man of focus.

A note on CREDAI

CREDAI when expanded develops as The Confederation of Real Estate Developers, which is an association that functions in India as the apex body of private real estate developers in India. CREDAI is one of the major links in India that connects private real estate developers to the Government, and Customers. Keeping the whole lot of builders across India under a single umbrella is much innovative so as for the development of the Real Estate sector as a whole. It is presumed that the future of Real Estate sector lies safe in the hands of the CREDAI with its various activities indulged to promote the vast Real Estate world pertaining in the land of India.

The CREDAI is told to have more than 9000 real estate developers beneath its canopy serving services throughout India. In time from its commencement CREDAI has made the profession of Real Estate to a fair means of business.

Objectives of CREDAI

The major objectives of CREDAI include:

·        Fair documentation with the Government, and public
·        Making Real Estate a dignified job industry
·        To convert the data collected in either ways in development of the Real Estate sector
·        To make finance available at ease in case of purchases in real estate industry this is done by developing a healthy relation with either bank across the land.

Participation of companies at the Property Show in Cochin

Cochin is known after the city of trades in Kerala. The Property Show held at Cochin witnessed some of the great real estate players such as Trinity builders, Asset homes, Kent homes, Tritvam, National builders, SFS, Noel builders, Veegaland builders, and etc.

The Developing Cochin and Flat Culture

Cochin has been emerging beyond the limits in the area of Modern Lifestyle. This development paved way towards the total development of the Kochi Metro life. Over time, this gave importance to the materialization of flat culture. The drastic change in job pattern is the prime element that supplemented to this change such as the addition of IT job culture, night shift jobs and so on. The idea behind women going to work also has a percentage to add valour to the flat life in Cochin. As both male and female of a family goes out to work, it is just understandable that they have the least time to manage and maintain a house set up in a piece of land. However, in a flat there would be in house personnel who can be made to manage their major homely affairs as housekeeping or payment of bills and such kind.

Though the flat life is getting much accepted in Cochin, selecting the best flat to live in is yet another matter of importance. It is to be very much cared to purchase a living space as a flat only if it is a CREDAI accredited one. Further, it is also to be checked if the builder has taken a complete insurance for the workers working to build the flat.



However, it is to be noted that an association like CREDAI accredits a builder only if they have the basic norms to be followed that is endorsed by the Government. Thus the CREDAI builds a bridge between the customer and the public on fair understandable grounds so that the customer needs to have the least tension on booking a flat under construction.