The third quarter which begins in a few days is traditionally known to be a favorable time for the realty pack. Even though concerns on land price escalation persist, the sector hopes to see some relief coming their way during the festive season. Dinesh Gupta, chief operating officer of Ansal Properties joins CNBC-TV18 to opine on the way ahead for his company and the sector.
Below is the edited transcript of the interview. Also watch the accompanying video Q: Your target for land sales for FY12 was between 16 million sq ft and 18 million, from which, you have already achieved about 12 million sq ft. How much are you hoping to upwards wise your guidance this year, if any?A: Last month, we had indicated that quarter three which is starting in another two days time, it
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