Month: March 2021

Is real estate turning a corner?

Below are some con-call highlights from last quarter of select companies,

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    • my notes & observations are in red
    • big takeaways are in bold

Oberoi Realty Ltd
Vikas Oberoi
Before I begin, I want to share a few quick updates with you. In Q3 we achieved our highest ever pre – sales number for a non-launch quarter <Builder after builder would repeat this statement > The gross booking value stood in excess of 1000 crores, as you would have all seen, the numbers were strongly supported by all our projects. Borivali continued to outperform with 100 units being booked in this quarter and Eternia crossed the 1000 crores booking value milestone

 

I also very strongly feel that there will be a large amount of consolidation and I feel
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