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HOMETHON Goes Green With Bamboo Project

NAREDCO will spread awareness among the developers for using bamboos, as a climate-friendly material in housing construction projects.

MUMBAI, Oct 01 (The CONNECT)The National Real Estate Development Council (NAREDCO) Maharashtra, which is holding the third edition of India’s largest real estate property expo ‘HOMETHON Property Expo 2024’ from October 4 to 6, 2024 at the JIO World Convention Centre, BKC, Mumbai, is all set to go green.

As part of this initiative, NAREDCO Maharashtra has collaborated with Phoenix Foundation Sanstha led by Pasha Patel, a veteran Agriculturist, an advocate of bamboo cultivation as a climate-resilient action.

Patel is the Chairman of Agriculture Price Commission of Maharashtra and also an Executive Chairman of the task force appointed by the Maharashtra Government under Atal Bamboo Sumruddhi Yojana.

NAREDCO Maharashtra will sign a Memorandum of Understanding (MoU) as a part of its ‘Sustainable and Environment – Friendly Future Housing’ initiative in the presence of Maharashtra Chief Minister Eknath Shinde.

With this collaboration, NAREDCO Maharashtra, under the guidance of Patel, will spread awareness among the developers for using bamboos, as a climate-friendly material in housing construction projects and take the pledge to focus on constructing future housing with environment-friendly, sustainability initiatives, as its commitment towards the environment.

Rajan Bandelkar, Vice Chairman, NAREDCO said, exploring the usage of Bamboo, other climate-friendly material and further climate-friendly actions would mark the organisation’s commitment to support the net zero initiatives at the State and the country’s level.

Over 50,000 homebuyers have already shown interest through registrations to fulfil their dream of home-ownership; with this year’s pre-event registrations nearly doubling compared to the last two years.

Commenting on the HOMETHON Prashant Sharma, president, NAREDCO Maharashtra said, “We are witnessing an exceptional surge in homebuyer interest, significantly driving up the demand for housing.”

Besides green initiatives, HOMETHON Property Expo 2024 will also witness other unique initiatives. In a distinct move to focus on opening up multiple avenues for the much-needed talent pool for development of the real estate sector from engineering, construction technology to marketing, finance to sales spectrum, the expo will discuss various career opportunities the sector could throw open for the aspirants.

In order to boost the ‘Redevelopment’ landscape within MMR and establish a bridge of trust and transparency between the developers and the housing societies, the experts will deliberate on chalking out the path to engage with the stakeholders of housing societies in MMR to guide on various opportunities underlying from the redevelopment standpoint.

The HOMETHON Expo 2024, which is endorsed by Bollywood’s star couple, Riteish and Genelia Deshmukh, will showcase over 1000 top notch projects from leading developers from Maharashtra, which will be within the price range of Rs 19 Lakhs to Rs 9 Crore, both in affordable and luxury segments, with likely incentives such as no-stamp duty or registration charges and also offer attractive home loan schemes from top housing finance companies. The expo will include properties from across Mumbai and MMR as well as Thane, Kalyan, Navi Mumbai, Panvel, Raigad, Mira Road, Vasai, Virar etc. and also from Pune, Nashik and Nagpur.

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