Prospective buyers flocked in numbers on the last day of the property show organized by Gujarat Institute of Housing and Estate Developers (GIHED). The event that was organized to showcase the new and upcoming property schemes has brought the oblivious smile on the developers and those concerned with the real estate industry.
Sunday, the last day of the event, registered almost around two Lakhs property enthusiasts from all walks of life that included IT professionals, government employees, businessmen and some foreigners also. Though many visitors came to gain a know how of the existing rates and offers in the affordable housing schemes there were plenty of prospective buyers also who showed genuine interest in buying the property and in fact, visited the sites also so as to gain a comprehensive knowledge of their investment prospects.
The purpose being different, the gist was synonymous-aplenty of visitors wanted to relish the current slashed price along with the freebies that the developers promised. Some wanted the house for residing while some felt that buying the houses at the existing price structure was an alluring investment proposition. There were sizeable enquiries for the commercial plots also and for the plots in the proximity of city or in the outskirts which was being seen as a long term investment options by many.
The event has brought relief to a waning real estate industry which was till recently, fighting with the cash drought and plummeting demands. And this relief was evident on the glittering faces of realtors at University Convention Centre on Sunday.
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