We don't change standards depending on market cycles, says Xander's founder

Residential markets in India will take some time. There is excess inventory in most markets at the mid to high segment and I expect that will take some time to absorb

Xander Group has been a major investor in commercial property, with $3 billion put into various assets. Sid Yog, founder of the institutional investor entity, discusses his strategy and how they managed during the recent credit squeeze. Edited excerpts of the interview with Raghavendra Kamath:
 

Competition in buying of commercial property is increasing by the day and Xander seems to be going slow.

We continue to evaluate commercial office opportunities across all major Indian markets. We signed a $350 million deal to acquire a 5.5 mn sq ft under-development office park in Hyderabad in September 2018 and