Moreover, the stock has not declined as much as other real estate players have in the current market turmoil. It could see further positive action following its plan of exploring international opportunities. The company plans to tap the West Asian markets with projects in both residential and commercial segments.
Simultaneously, it plans to expand its domestic portfolio and foray into western and central India including Gujarat, Karnataka, Rajasthan and Madhya Pradesh.
In Mumbai, the company focuses on slum rehabilitation projects, which has tremendous opportunity in future given that half of the 1.3 crore people in Mumbai are residing in slums.
