One think I want you to know about how property markets operate in india.
Yes i am optimistic about the prospects of the company but Dont go by the bookings.
My freind have recently money to a reputed developer in NCR. As a security a villa is booked in his name in case builder defaults.
Also some booking are done by property dealers. About 25 % of initial inventory is sold this way. And here also as I can see about 25% of project is sold. So wait for some clarity to emerge.
I know about it as I invested about 3 months as I want to buy a house in delhi ncr but the trend is applicable throhghout india.
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