CREDAI to offer Rs. 2.5 crore to CM relief fund

CHENNAI: Sixty-five top developers from the property space will showcase 250 completed projects ranging from Rs.10 lakh to Rs. 10 crore during the Confederation of Real Estate Developers’ Associations of India’s (CREDAI) three-day property show here from Feb 17.Addressing a press conference here on Tuesday, T Chitty Babu, president of CREDAI Chennai, said the fifth edition of FAIRPRO 2012 will underscore the vision of CREDAI’s new ‘Mission Transparency’ initiative and offer a platform for home-seekers to own a property that is based on strong values of trust and integrity. Interestingly, this time the expo will bring in Chennai’s most legendary builders and bankers together to offer prospective home-seekers best value proposition on hot properties with home loans at lower interests.Chitty Babu also said CREDAI will be donating Rs.2.5 crore to the Chief Minister’s Relief Fund by the end of this month as part of the corporate Social responsibility to help Thane-hit victims. This is apart from the initiative where CREDAI is planting saplings in the 67 km stretch of national highway in Cuddalore.