PLAN OF ACTION For a dynamic next quarter, developers have clearly chalked out their strategies focusing on core areas of residential projects, says ANURADHA RAMAMIRTHAM
Author :
RNA Corp
Blog :RNA CORP Blog
Date: 8/4/2012 6:44:28 AM
For RNA Corp, the strategic focus for the next quarter would be to e
xecute projects at an accelerated pace on receipt of pending approvals. The company also has in place an aggressive ‘goto-market’ strategy in place to boost up the sales conversion. Manoj John, VP – Corporate Planning & Strategy, RNA Corp, says, “Despite the huge demand,the number of transactions have dipped month-on-month. This is reflective of the wait-and-watch policy with a hope of price reduction or lower interest rates. While there is some possibility of home loan rates reducing as per RBI directives, property prices dropping in Mumbai is unlikely and hardening of DCR provisions will further aggravate land premium.”
