Developers may increase prices with rising input costs: Oberoi Realty CMD

Oberoi Realty posted a 63 per cent jump in net profit in Q3FY22. The company is gearing up to launch projects and planning to foray into new markets. Vikas Oberoi, chairman and managing director of the company, talks to Raghavendra Kamath on the company’s plans and prospects.

What do you think are the reasons for good growth in profits and sales in Q3? How does FY23 look like in terms of demand for apartments and sales?

Q3FY22 looked promising as volumes remained strong across all our projects and the new launch at Goregaon received an overwhelming response. Growth came despite