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As India's property sector continues to evolve, redevelopment is being seen as a key driver of value creation for homeowners. CREDAI MCHI Thane is preparing to host its Redevelopment Exhibition and Convention at the Raymond Trade Show Hall in Thane to help housing societies navigate the redevelopment process with greater ease. The event, scheduled for the coming week, aims to educate residents on how the revised FSI norms and policy changes can turn ageing structures into modern, high-value assets that enhance community living and long-term property worth.
With redevelopment emerging as a transformative force in India's property market, CREDAI MCHI Thane has announced its upcoming Redevelopment Exhibition and Convention to be held at the Raymond Trade Show Hall in Thane. According to Sachin Mirani, President of CREDAI MCHI Thane, the government's revised FSI regulations have opened new avenues for residents to convert old housing societies into modern, high-value buildings. He stated that the event would help societies understand the complete process of redevelopment, from planning to execution. Advertisement
Faiyaz Virani, the organisation's Hon. Secretary, mentioned that redevelopment enhances homes, amenities, and property values, providing greater benefits to society members compared to developers. Mahesh Borkar, Chairman of the Redevelopment Committee, observed that Thane's redevelopment journey was only just beginning, adding that it aimed to revitalise the city's skyline for future generations.
Amit Datar, Vice Chairman of the Redevelopment Committee, explained that the event would serve as a detailed guide for housing societies exploring redevelopment opportunities, and he expected strong participation from local communities. Meanwhile, Jitendra Mehta, Immediate Past President of CREDAI MCHI Thane, remarked that attending the event would be essential for office-bearers and members considering redevelopment plans for their societies.
The upcoming CREDAI MCHI Thane Redevelopment Exhibition and Convention is expected to be an important platform for housing societies aiming to modernise their ageing buildings. By offering expert guidance on the redevelopment process and clarifying policy and FSI benefits, the event is likely to support smoother decision-making among society members and office-bearers. As Thane's redevelopment momentum gains strength, the initiative marks a significant step towards creating safer, better-equipped, and more sustainable urban housing environments for future generations.
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