Exclusive Chat On The Future Of Real Estate In India | CEO @ Work With Abhishek Lodha | ET Now
Автор: ET Now
Загружено: 2023-12-13
Просмотров: 9129
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Abhishek Lodha of Lodha Group on the future of real estate in India. Consumer preference has shifted to very select players. Have an overweight on Mumbai, it is India's largest housing market. Had 30 operating projects last year, and 25 were in Mumbai. Are expanding in Pune with 5 projects, and have 1 project in Bangalore. Have another project launching in Bangalore in 4-6 months. Focus on building deep talent pools, that are decentralized in our operations. Could become a net cash company over the next 2-2.5 years. Aim to maintain debt below 0.5x equity, below 1x of operating cash flow. Can grow pre-sales and topline at 20% and deliver 20% RoE. Are on track to be net zero on carbon emissions in 2024 vs target of 2035.", says Abhishek Lodha.
#realestateindia #housingmarket #mumbairealestate #punerealestate #bangalorerealestate #propertydevelopment #financialtargets #sustainablegrowth #netzeroemissions #futureoutlook
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