HomeNewsBusinessCompaniesMargins won't be dented due to affordable housing bet: Sunteck

Margins won't be dented due to affordable housing bet: Sunteck

Speaking to CNBC-TV18, Kamal Khetan, Chairman and MD of Sunteck Realty said that the company has strong cash flow which will help it get in the affordable housing segment.

February 10, 2017 / 16:23 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sunteck Realty plans to enter the affordable housing segment and is looking to invest Rs 1,000 crores in the new projects.

Speaking to CNBC-TV18, Kamal Khetan, Chairman and MD of Sunteck Realty said that the company has strong cash flow which will help it get in the affordable housing segment.

Story continues below Advertisement

The company will make sure that his margins do not get dented due to the this venture, he added.Watch video for more.

first published: Feb 10, 2017 04:14 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!