Pujit Aggarwal

Pujit Aggarwal, MD & CEO, Orbit Corporation, analyzes the impact of the 40 percent hike in property tax by Bombay Municipal Corporation.

Premium hike on FSI may throw TDR mkt into a spin: Industry

The Maharashtra government has announced a premium for additional floor space index (FSI) availed by developers for construction. Gulam Zia of Knight Frank, Pujit Aggarwal of Orbit Corporation and NM Gattu of DB Realty discuss on the implications of the move.

See debt at Rs 600cr post Santacruz proj exit: Orbit Corp

Pujit Aggarwal, managing director and chief executive officer, says the company will have a total of seven projects on track by the fiscal year end.

Seeing good traction in Mumbai realty market: Orbit Corp

In an interview with CNBC-TV18, Pujit Aggarwal, managing director of Orbit Corporation says, as soon as the new regulatory policy got framed and notified on January 6, 2012, Mumbai real estate market is seeing a good traction. “We are seeing off-take across all segments be it residential, commercial, retail or malls,” he adds.

Will have better sales in Q3, says Orbit Corporation

Pujit Aggarwal, the Managing Director of Orbit Corporation talks about the latest happenings in his company and sector in an interview with CNBC-TV18.

Rising interest, input cost may hit FY12 margin: Orbit Corp

Pujit Aggarwal, managing director of Orbit Corporation in an interview to CNBC-TV18 said, last one year has been nightmarish for the company due to concerns related to sanctioning of projects.

Orbit to complete 3 projects in FY12, eyes 40% sales growth

Mumbai-based real estate company Orbit Corporation is targeting to complete three projects measuring a saleable area of 5 lakh square feet this financial year, according to a senior company official. Meanwhile, the promoters are looking to redeem 30% of the shares.

Any rate hike will impact cos margins by Rs 4cr: Orbit Corp

Pujit Aggarwal, MD, Orbit Corporation said that the company's current debt stands at Rs 800 crore. With analysts expecting a rate hike between 25-50 basis points, he says that the net impact on interest of the compay will be Rs 4 crore at max.

Orbit Corp bets on festive cheer for sales boost ahead

As sales slumped at a fast pace in Jan-March earnings of the leading Mumbai developer, Pujit Aggarwal, managing director of Orbit Corporation, reasoned that the sluggish execution due to several commercial and regulatory norms have delayed supply by about 12-18 months.

Budget neutral for housing sector: Orbit Corporation

The budget this year has focused on affordable housing sector. Pujit Aggarwal, managing director of Orbit Corporation shares his views on the budget, in an exclusive interview with CNBC-TV18’s Latha Venkatesh and Soniya Shenoy.