Despite recessionary trends… we're talking about 7% growth: Hiranandani

Despite global headwinds, rate hikes, depreciation in the rupee, and other recessionary activities, the real estate sector will sustain its growth momentum in this festival season, said Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, in an interview with Pratigya Yadav. Edited excerpts:
 

Economists have predicted a global recession. Will it impact the real estate market in India?

The Russia-Ukraine war and other recessionary trends in Europe and the US have definitely had an impact on India. We are affected but not to the extent that we have to be worried. Despite such recessionary activities, we are still talking