Every developer's top priority will be liquidity generation: Sharad Mittal

'Repo rates are at a 16 year low and this can bring the much needed stimulus to the sector, both at the retail and wholesale levels, if banks pass on the benefit to borrowers'

Motilal Oswal Real Estate, part of Motilal Oswal Private Equity, recently raised Rs 1150 crore for its fourth real estate fund. Its director and chief executive Sharad Mittal gives his take on the fund manager’s views on the impact of the lockdown on real estate and its investment strategy going forward.

Do you think the measures announced by the RBI for NBFCs will ease liquidity challenges of developers?

Repo rates are at a 16 year low and this can bring the much needed stimulus to the sector, both at the retail and wholesale levels, if banks pass on the benefit