Bengaluru: Real estate firm Godrej Properties Ltd (GPL) plans to use the ongoing struggle and slowdown in the real estate sector as an opportunity to scale up its business and consolidate market share. Not that the situation was good before this, but this crisis has worsened the liquidity environment for the real estate sector. Five years into the real estate slowdown, how has the consolidation story played out in the residential sector? We see a big opportunity in the current situation to gain market share, take on new projects and scale up. But we don’t need a separate vertical for affordable projects and can profitably operate both (affordable and premium).

Source: Mint September 29, 2019 03:45 UTC