Realty’s next phase: Developers shift focus from debt cuts to new projects
In a notable shift, developers are prioritizing new project investments over merely mending their balance sheets. Although sales volumes have recently dipped, operating cash flow remains robust. The moderation in free cash flow reflects increased expenditures on land and assets. With much of the balance sheet refurbishment behind them and reduced leverage, this transformation signals strong…
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
