Besides, we are entering into the Pune market which offers vast potential for growth,” said Vikas Chaturvedi, CEO, Xanadu Realty. The firm has on boarded Kumar Properties and House of Abhinandan Lodha as its clients in the Pune market. In Pune, the company plans to have 100 people with a sales target of ₹1,000 crore. We are expecting ₹750 crore sales from Bengaluru this year and we are hopeful about the rebound of the real estate business due to end-user demand,” Mr. Chaturvedi said. He said stable real estate prices, low interest rates, and government sops would continue to spur demand from the end-user segment.

Source: The Hindu May 10, 2021 17:49 UTC