Hyderabad: The State Bank of India (SBI) Hyderabad Circle’s SBI Home Loan Mega Property Expo will be held at Hitex from the upcoming 19th of December. SBI Hyderabad Circle today launched the promotional campaign for the Home Loan Mega Property Expo. A promotional van was flagged off from the headquarters in Koti.
It was stated that the Hyderabad Circle has so far organized six successful expos. The 7th edition will be held from the 19th to the 21st of December in Hall No. 4, Hitex, Hyderabad. It was mentioned that Telangana’s economy is rapidly progressing towards a 3 trillion target by 2047. SBI is a significant partner in this transformation. The Circle recently achieved the significant milestone of a 4 trillion business.
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It was reported that the Hyderabad Circle’s retail home business has crossed the 750 billion rupee mark. With 2.10 lakh home loan customers in the state, it is moving towards a target of 1 trillion rupees by 2027. The bank has simplified and expedited the loan process, is offering attractive interest rates, promoting builder tie-ups through digital platforms, and supporting affordable housing under PMAY. It was stated that steps by the Telangana government, such as the Regional Ring Road, Fourth City Development, and the merger of new municipalities into GHMC, are leading to massive growth in the real estate sector. It was informed that over 60 reputed builders will participate in the Mega Property Expo. An estimated 8 to 10 thousand people are expected to attend.
Hyderabad
Hyderabad is a historic city in southern India, founded in 1591 by Muhammad Quli Qutb Shah. It is renowned for landmarks like the Charminar monument and Golconda Fort, which reflect its rich legacy as the capital of the Qutb Shahi dynasty and later the Nizams of Hyderabad. Today, it is a major technology and business hub, often called “Cyberabad,” while preserving its distinct cultural heritage in cuisine, language, and architecture.
Hitex
“Hitex” refers to the Hyderabad International Trade Expositions Centre, a major exhibition and convention venue in Hyderabad, India. It was established to support the city’s growing IT and industrial sectors, hosting numerous trade shows, corporate events, and exhibitions since its inception. The center plays a significant role in the region’s economic and business development.
Koti
“Koti” is a common place name in Finland and Sweden, often referring to a district or neighborhood. For example, Koti is a central district in the city of Espoo, Finland, which developed significantly in the 20th century alongside the growth of the Helsinki metropolitan area. As a word, “koti” itself simply means “home” in Finnish, reflecting its common and personal significance in local culture.
Telangana
Telangana is a state in southern India, formed in 2014 after a movement to separate from Andhra Pradesh. Its history is deeply rooted in powerful dynasties like the Satavahanas, Kakatiyas, and the Qutb Shahis of Golconda, renowned for the iconic Charminar in Hyderabad. The region is celebrated for its distinct cultural heritage, including Deccani cuisine, vibrant festivals like Bonalu, and historic monuments.
PMAY
“PMAY” is not a specific place or cultural site, but an acronym for the **Pradhan Mantri Awas Yojana (Prime Minister’s Housing Scheme)**, a major Indian government initiative launched in 2015. Its history is rooted in addressing urban and rural housing shortages, with the goal of providing affordable housing to all eligible beneficiaries by 2022, later extended to 2024. Therefore, it is a social welfare program rather than a physical location for tourism or cultural heritage.
Regional Ring Road
The Regional Ring Road is a major highway project currently under construction around the city of Bengaluru, India. Designed to decongest the city’s traffic by diverting through-traffic, its history is one of long-term planning and phased development, with the first sections opening in the 2020s. Once complete, it will form a key part of the National Highway network, encircling the metropolitan area.
Fourth City Development
Based on available information, “Fourth City Development” does not appear to be a widely recognized historical place or cultural site. It is likely the name of a contemporary real estate development company or urban project, rather than a location with a significant public history. Without more specific context, a historical summary cannot be provided.
GHMC
“GHMC” most commonly refers to the **Greater Hyderabad Municipal Corporation**, the civic body that governs the city of Hyderabad, India. It was formed in 2007 by merging the Municipal Corporation of Hyderabad with 12 surrounding municipalities to manage the rapid expansion of the Hyderabad metropolitan area. As an administrative entity, it is responsible for the city’s infrastructure and civic services, rather than being a historical or cultural site in the traditional sense.
