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Budget Home fair at Nungambakkam
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Archer Business Solutions partners Asker Ali and Lakshmi Sree at the inauguration of Budget Home Fair, a three-day property exhibition at Mahalingapuram in Chennai today.

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NT Bureau | Fri, 26 Feb, 2010,03:01 PM
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With an objective to provide a range of affordable properties, a three-day trade fair called Budget Home 2010 has begun today on Mahalingapuram Main Road at Nungambakkam.

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Being organised by Archer Business Solutions, the property fair would be quite different from the conventional ones in that plots of land would be sold for an immediate down payment and the rest of the amount could be paid during EMIs.

‘Realty is one of the fastest growing industries in India and there are about 400 allied fields woven around it.  Obviously, this makes the realty sector the eyes and ears of the nation’s economy.

As a result of globalisation multinational companies have arrived here paving the way for the massive expansion of the infrastructure industry.

Hence, the construction activities including commercial and housing are witnessing a terrific upsurge,’ said Asker Ali and Lakshmi Shree, partners of Archer Business Solutions. 

Taking clues from the emerging trend in the real estate sector, Budget Home fair is being held at EM EL EM Hall at Mahalingapuram with an objective to give a range of property choice to the visitors.

Further, possessing an own house was a dream of the past generation, but it has become an absolute necessity for the present generation the moment he or she starts earning, said the partners of Archer Business Solutions. ‘The demand for housing has grown multifold.

The government has announcement the country needs an investment to the tune of Rs 3.61 lakh crore to meet the shortage of nearly 25 million housing units,’ said Asker Ali.

Though Archer Business Solutions began its operations as event manager, the company forayed into holding exhibitions and fairs this year with the entry of Asker Ali who had nearly a decade of experience in field of organising mega events.

One of the main highlight of Budget Home fair was that a plot of land would be offered with an initial down payment as low as Rs 30,000 duly registered in the buyer’s name and balance could be paid in instalments.

‘This novel feature of selling plots for a minimum down payment will bring most visitors to the property fair,’ said Lakshmi Shree and added some of the leading builders, developers of villas, independent houses and apartments were taking part in the three-day exhibition.

Archer Business Solutions is being run by partners Asker Ali and Lakshmi who have several years of experience in the event management. Within a short span of time they have created a niche for themselves. For more details on Budget Home fair call phone no: 90421 68183.


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