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The 23rd edition of the CREDAI MCHI Thane Property Expo concluded after recording 20,467 visitors and facilitating 234 spot bookings across residential, commercial and retail segments. The three-day event featured over 100 RERA-approved projects from 40+ developers, with demand concentrated in the INR 55 lakh to INR 2.25 crore range. Key micro-markets such as Ghodbunder Road, Kolshet, Pokhran and Majiwada saw strong traction. Banks processed 398 loan applications, reporting higher sanction rates due to on-site facilitation. The event also drew interest from NRIs and investors, supported by infrastructure developments including metro expansion and the proposed high-speed rail corridor.
CREDAI MCHI Thane concluded the 23rd edition of its Property Expo earlier this week in Thane, recording 20,467 visitor footfalls and facilitating 234 spot bookings across residential, commercial and retail categories. The three-day event was held at Dosti West County and brought together more than 40 developers showcasing over 100 RERA-approved projects. Advertisement
The expo featured a wide range of housing inventory, from 1 BHK units priced at INR 55 lakh to premium 4 BHK residences. Demand remained concentrated in the INR 55 lakh to INR 2.25 crore bracket, with micro-markets such as Ghodbunder Road, Kolshet, Pokhran and Majiwada witnessing higher buyer interest. Developers reported that these locations benefited from ongoing infrastructure upgrades and connectivity improvements.
Financial institutions participating in the event processed 398 home loan applications through on-site desks. Banks indicated that sanction rates were approximately 15% higher compared to standard branch walk-ins, attributed to streamlined documentation and immediate processing support available at the venue. Legal and Vastu advisory counters were also operational, assisting buyers in completing transactions and addressing compliance-related queries.
Organisers stated that the availability of expo-specific offers and structured financing options contributed to higher conversion rates, with several enquiries progressing towards near-term purchase decisions. Developers also reported participation from non-resident Indian buyers and investors, citing infrastructure projects such as metro expansion, the coastal road network, the Borivli?Thane tunnel and the proposed high-speed rail station as key demand drivers.
Office-bearers of the organising body indicated that the scale of participation and transaction activity reflected sustained confidence in Thane?s residential market. They added that infrastructure development in the region has moved beyond planning stages, contributing to greater clarity for buyers and supporting purchase decisions.
The organisers further noted that follow-up site visits and post-event loan disbursals are expected to translate into additional transactions in the coming weeks. They stated that the body would continue to support buyers through the final stages of booking and financing after the conclusion of the event.
The expo also included seminars, workshops and panel discussions covering housing trends, sustainability and regulatory frameworks, aimed at improving buyer awareness and market transparency. Public officials and administrative representatives who attended the event were reported to have acknowledged the role of such platforms in promoting organised and compliant real estate development.
CREDAI MCHI Thane stated that the event continues to serve as a key interface between developers and homebuyers, reflecting the scale of housing activity in Thane within the Mumbai Metropolitan Region.
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