Key Points
But overall, where we stand today, we are extremely confident of delivering the full year guidance and quite hopeful of going past it...
We have a large number of project deliveries currently slated for the fourth quarter and we expect revenue recognition and earnings in that quarter to be disproportionately higher than the other quarters of the financial year..
Currently the strength of those markets is very good, but perhaps not to the same extent that we are seeing places like NCR and Bangalore but our expectation is that all four of these markets should do very well over these next few quarters and years and we certainly are geared towards ensuring our own launch pipeline is robust in each of these...
But even more importantly within the sector, there is a huge opportunity for leading players to consolidate market share because whether us or other leading developers, no one's market share today is more than low- to mid-single digits in the residential real estate sector and given the kind of advantages that the stronger players have in terms of access to customers, access to capital, we see a big opportunity for market share gains...
We think on several years of robust growth basis, the pipeline of projects already in our portfolio will continue to do targeted business development to plug gaps in our portfolio and to replace inventory that we are selling but we do not feel that the big priority for the company today is business development...
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