Very bullish about the demand and the overall environment. For quality players,
there is a lot of demand. The customers are looking at housing and demand is
gravitating towards the high quality players. So, wherever company has the new
launches, have seen excellent response from customers.
Right now focus is to acquire new lands which are pure green field land
Sitting on Rs 3,000 crore of cash and we have a kitty of around Rs 5,000-6,000
crore which company intends to deploy in residential real estate space over the
next 2-3 years.
Feel that we have seen the bottom of the prices. If you look at affordability
today, it is at all-time high. The only risk today is the overall macro-economy.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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