Puravankara posted its Q4 FY17 numbers. In an interview to CNBC-TV18, Ashish Puravankara, MD of Puravankara spoke about the results and his outlook for the company.
Sales have picked up in this quarter, he said.
In terms of expenses, the company was able to bring a lot of the expenses down which led to better margins.
“In terms of sales, we believe that sales of our ongoing projects will continue to be stable and good”, he said.
Real Estate Regulatory Authority (RERA) will be positive and will do well for the organised players. “We see a strong benefit coming out of RERA for us”, he further mentioned.
For full interview, watch video...
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