Credai-SBI Realty Expo-2014, Bangalore Karnataka
SBI and the Confederation of Real Estate Developers’ Association of India (Credai) for the first time have come forward to hold state-wide two-day ‘Credai-SBI Realty Expo-2014’ on April 26 and 27 at SBI’s local heal office, St Marks Road in Bangalore.
About 100 builders of whom 30 from small cities and the balance from Bangalore are taking part in the expo.
“It is an encouraging sign that SBI has provided a platform for builders and developers from small cities to display their products and offering in Bangalore, we welcome the initiative,” said K Sriram, CMD of Mysore Enclave and Secretary, Credai-Karnataka.
“In Karnataka, other than Bangalore, cities like Mysore, Mangalore, Hubli and Gulbarga are witnessing good amount of property development. But it is still Bangalore-centric. The state government should address this lopsided development at the earliest,” he added.
“SBI’s home loan portfolio in Karnataka has crossed over Rs.14,800 crore and Bangalore Metro in particular has contributed Rs.10,865 crore,” said Ashwini Mehra, Chief General Manager, SBI-Karnataka.
