CREDAI has announced the 17th edition of Fairpro 2025, the city’s most prestigious real estate exhibition to be held from February 14 to 16 at the new building of the Chennai Trade Centre. Chief Minister M.K. Stalin will inaugurate the exhibition. Actor Trisha Krishnan has been named the brand ambassador.
Addressing media persons, M.V.R. Murali Krishna, State Bank of India (SBI) Chennai Circle, Network 1, General Manager, said the home buyers would receive concessions at the exhibition. “This is the right and best time to buy either an apartment or a plot. Interested buyers can choose from over 80 reputed builders and get on-the-spot, in-principal loan sanction letters from SBI at Fairpro 2025. This year, the bank will have an in-house legal team at its Fairpro stall to address queries regarding the legalities of the interested project,” he said. The bank will also showcase properties on auction for home buyers at the exhibition.
“Chennai contributes 8.8% of India’s GDP and is the second-largest economy and manufacturing hub in the country. The State government’s vision of achieving a $1 trillion economy by 2030 will further boost urbanisation and industrialisation, significantly benefiting the housing sector in the State,” said Murali Krishna.
The event will also focus on repositioning Chennai as a future ready global city. “The city is a key contributor to the thriving real estate market in south India and plays an important role in shaping the sector at the national level. Fairpro 2025 highlights this strength,” said S. Sridharan, vice president-south zone, CREDAI National.
This year, the event will offer homebuyers a one-stop destination to explore 500 projects spanning 32.5 million sq.ft of residential space, 0.25 million sq.ft of commercial space, and 325 acres of plotted developments.
“With an 82.6% of the residential market share, CREDAI Chennai developers have set a benchmark for trust, quality, and innovation,” said Mohamed Ali, President, CREDAI Chennai.
“The residential market in Chennai remains strong, with unsold inventory at a seven-year low and property prices rising by 6.5% due to increased demand and higher input costs. Infrastructure development and Metro Rail expansion projects are further boosting property values, making this a prime time for investment,” said S. Sivagurunathan, advisor-Fairpro 2025, and immediate past president, CREDAI Chennai.
“There is a rising demand for apartments, villas, plots, and commercial spaces across key markets with the luxury housing segment growing and attracting high-end buyers. Also, sustainable and smart homes are gaining popularity, reflecting a shift toward eco-friendly and technology-driven housing solutions,” said P. Kruthivas, convenor, Fairpro 2025.
Published – February 06, 2025 09:32 pm IST