"We have exited two cities completely, Nagpur and Hyderabad, and we are holding back any investment in Delhi-NCR right now," said Amit Kumar Sinha, managing director and chief executive at Mahindra Lifespace. Location and price points matter as the company is focusing on sustainable living and net zero buildings, he said.
Sinha told Mint that success in Mumbai doesn't easily translate to other parts of the country. "Approvals, construction need a lot of local understanding of players, contractors, etc. So I want to consolidate our market position in three cities," he said.
Denne historien er fra December 24, 2024-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 24, 2024-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
India's Leadership Has a Valuable Role to Play in a Multipolar World
Its strategic autonomy and multi-alignment place it in a unique position to lead everyone towards globally shared goals
Nike's Turnaround Strategy Will Need the Second Shoe to Drop
Its new CEO has made a beginning, but the real big test lies ahead
Why are product displays on e-commerce sites so drab?
Businesses based on technology shouldn't lose touch with the subtle art of persuasion
Policymaking as usual does not suffice for periods of transition
Economic thinking across the world must look beyond the certainty of numbers in uncertain times
One Nation, One Election: Consultation time has begun
The idea of state and central polls being held in sync has its pros and cons that need careful examination
Truth About AIFs: Debunking Myths, Tapping Potential
AIFs emerge as a promising avenue for asset diversification, as well as for wealth creation
Still a Work in Progress: Tech Letdowns of 2024
We shed light on the hurdles these technologies face, and explore their chances of bouncing back
How to choose a crypto trading platform to invest in digital assets
The comparison covers KYC time, minimum investments, safety guidelines, process, user growth and volumes
Hisense in talks with EDPL for stake
Hisense group, a China-based multinational appliance and electronics manufacturer, is in talks with Epack Durable to acquire a minority stake in a step-down subsidiary of the Original Equipment Manufacturer.
Arunish Chawla named revenue sec
Senior bureaucrat Arunish Chawla has been appointed the revenue secretary as part of a top-level bureaucratic reshuffle effected by the Centre on Wednesday.
