«So, all the market dynamics are good for a good growth even in the coming year. But with macroeconomic conditions, we never know where the market will turn,» says Nirupa Shankar, Joint MD, Brigade Group.
This kind of growth that we have seen for the last couple of years has been nothing less of a dream for the real estate companies. But now there is that nervousness coming in, is the best over? Is the bubble going to burst soon? What is your take?
We just to want to enjoy what has just happened in the last couple of years. Of course, it is a new year, so new goals and new targets. But the real estate segment is seeing decadal highs.
All the market dynamics are good for a good growth even in the coming year. But with macroeconomic conditions, we never know where the market will turn.
As of now, we have had a very good year. The last couple of years have been very good, not just for us, for the industry as a whole but mostly for established players with a good reputation and good products launched in good locations.
I think in the coming year, we have said we are at least looking to launch another healthy pipeline of at least 10 to 12 million square feet.
But since you are talking about good growth and the fact that we are at the cusp of new year, help us define that