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Realtyplus Team  
Deals Worth Rs 25 Crores Sealed At Property Utsav 2004

Property Utsav 2004, the real estate and home finance exhibition that took place in Mumbai, featured residential and commercial properties of leading construction organizations from all over Mumbai and Pune.

Among the participants were Hiranandani Constructions, K. Raheja Universal, Oberoi Constructions, Keystone Group, Godrej Properties & Investments Ltd., Lokhandwala Builders, Rizvi Builders, Lalani Group, Dynamix Group, Prime Developers, Amrut Runwal Group and Goel Ganga. It also marked the presence of major financial institutions including HSBC, Standard Chartered Bank, Kotak Mahindra Bank, Citibank and ICICI.

Home loans worth Rs 5 crores were sanctioned by the housing finance institutions on the spot and properties worth Rs 25 crores were closed by the construction organizations at the venue with an expected business flow of Rs 150 crores in the coming months. The Utsav, spread over an area of 10,000 sq. ft., provided the thousands of eager visitors with a platform where they could compare and evaluate the best options suitable to their individual needs. This was an occasion where over 50 real estate developers showcased their products in one-on-one discussions with motivated and potential buyers.

At Home With Art

Art and utility are not always mutually exclusive. They can complement each other, depending on the individual taste which governs selection and the overall ambience. Home decoration is one area where they can assert their identities and yet coexist meaningfully. No harm if you have a Jamini Roy reproduction on the drawing room wall and an Egyptian carpet in the middle of the floor.

As if to justify this fact, the “Best Rooms” show that took place in Bangalore’s Rani Meyyammai Hall recently, offered a broad range of expensive homeware – chic furnishing, artifacts, modular kitchens and mural paintings. Yatra Exhibits, a group known for exercise like these over the last 10 years, organized it. The proceeds from each sale went to a fund set up for the physically challenged artists.

Among the corporate brands in the furniture industry to showcase their products were Godrej which brought in an assortment of wall units, sofa sets, shoe racks and study tables, and Woodpecker that presented Spanish Jacquard and Italian Chenille fabric sofa sets, priced around Rs 50,000. Dining tables and wall units cost between Rs 7,000 and Rs 25,000 while the composite leather sofa sets commanded prices ranging from Rs 32,000 to Rs 52,000. Mumbai-based Woodstok offered a variety of sofa beds, capable of doubling up as recliners priced at Rs 14,500 while shoe racks cost between Rs 4,500 and Rs 5,500.

This was not all. The Anu Kedia outlet featured hand-made ceramic works of art while Delhi-based Pottery had a collection of artifacts made of clay, metal and wood. Studio Ambika, an outfit of the Delhi College of Arts alumni, sold fibre pottery works of art to raise funds for social projects. The minimum price was Rs 800 and went up to Rs 35,000.

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