With the real estate market facing severe stresses in the current scenario, small, regional builders are in much better shape than the established, national level builders like DLF, UNITECH, Indiabullls, Shobha, Godrej etc.
Small players like Thakkers developers (Nashik), Vijay Shanti (Chennai), Ganesh housing (ahmedabad), Kolte patil (pune and bangalore) and Oberoi realty are in much better shape and have better balance sheets to show.
While most of the big players were spreading their operations nationally,these small players were only playing in their area of expertise. Whereas DLF realty has a debt of 22700 crore, Oberoi Realty has zero debt in its books. Behind Metals, Real estate stocks have been the worst performers in the past year.
Real estate all over the world is a very localized business, with only the brave venturing out of their territory.
This fact has been proven once again.
Amongst the smaller players, Ganesh housing and D.S.Kulkarni have the highest debt on their books at 1.6 and 1.4 times their net sales.
Information and knowledge about Navi Mumbai Real Estate
Small real estate players in much better shape
Subscribe to:
Post Comments (Atom)
-
Here's a detailed overview of CIDCO Transfer Charges in Navi Mumbai, including their significance, the issues of corruption, and the nec... -
Whenever one decides to purchase a plot of village land (agricultural land) in Maharashtra, he is shown the map of the plot of land with all... -
Is CIDCO Transfer no longer required now ? Are CIDCO charges really cancelled now ? Unfortunately, the short answer to that is : CIDCO ARE S...
Legal Heirship Certificate procedure in Maharashtra for 2025
Heirship certificate is necessary when a property owner dies intestate (without making a will). It has to be obtained by immediate family me...
No comments:
Post a Comment