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This is one of the best times to buy land for developers: Oberoi Realty MD

In a Q&A, Vikas Oberoi explains why he is bullish on the redevelopment business in Mumbai

Vikas Oberoi
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Vikas Oberoi, chairman and managing director, Oberoi Realty

Raghavendra Kamath Mumbai
Property developer Oberoi Realty posted the highest ever quarterly sales bookings in Q4FY21. The company plans to pursue redevelopment of residential buildings and buy new land parcels to launch new projects. The company's chairman and managing director Vikas Oberoi explains reasons behind its plans and outlook for both residential and commercial segment, in an interview with Raghavendra Kamath.

What kind of sales booking are you targeting for FY22?

As a company policy, we do not give forward looking statements but are confident of a strong sales performance in FY22 as well. Customer’s preference to deal with select established players and