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It will be survival of the fittest in the long run: Oberoi Realty CMD

There will be a huge supply constraint and this in turn will continue to maintain the prices, or may even push the price of ready flats up, Vikas Oberoi says

Vikas Oberoi

Vikas Oberoi, CMD, Oberoi Realty

Raghavendra Kamath Mumbai
The Covid-19 pandemic is expected to impact the real estate sector negatively and pose further liquidity challenges for developers. Vikas Oberoi, chairman and managing director of Oberoi Realty, tells Raghavendra Kamath about his company’s game plan to tackle the crisis.
What kind of drop do you see in the company’s sales in the fourth quarter and financial year 2019-20?

Luckily, the lockdown happened in the third month of this quarter and that too in the second half of that month, so the fourth quarter will not be very badly affected.

What kind of drop in sales do you see in

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First Published: Apr 26 2020 | 3:47 PM IST

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