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Orbit Corp sees better balance sheet going into FY13

Pujit Aggarwal, managing director of Orbit Corporation tells CNBC-TV18 that it is indeed a relief that interest rates have peaked. “What we are expecting now is that interest rates will moderate and start coming down going ahead,” he says. This will also boost liquidity in the system that will bide well for the real estate players.

December 16, 2011 / 20:07 IST
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Pujit Aggarwal, managing director of Orbit Corporation tells CNBC-TV18 that it is indeed a relief that interest rates have peaked.

first published: Dec 16, 2011 02:09 pm

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