Chairman of CREDAI K. Rama Krishna Rao on Saturday announced this at the curtain-raiser function for its property show scheduled in December.
A cheque for Rs.2.5 lakh was handed over to winner of the draw in the last year’s property show Adapa Satya Surendra Babu.
Convener of the property show and vice-president Peela Koteswara Rao said a number of incentives would be offered during the show, a press release said.
President G.V.V.S. Narayana, who was in the chair, said CREDAI members were committed to quality housing and timely completion of projects.