The real estate sector is in a slump after the combined effects of demonetisation, the new Real Estate Regulatory Authority (RERA) and goods and services tax (GST).
However, Godrej Properties has been one of the few companies to buck this trend, and is looking to use this time to acquire stressed projects from other developers.
Speaking exclusively to CNBC-TV18's Kevin Lee, Pirojsha Godrej, Chairman of Godrej Properties said that this year could be the company's best year for business development.
Watch accompanying video for more details.
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