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Real estate market has shrunk, but big players are doing well, says Kotak Realty Fund

CNBC-TV18
CNBC-TV18
Some green shoots appear to be visible for the real estate sector after realty major DLF sold 376 ready-to-move-in luxury flats worth Rs 700 crore on the first day of the launch of its new housing project in Gurugram. Even as the overall property market is facing a demand slowdown, DLF has seen good demand. Vikas Chimakurthy, CEO of Kotak Realty Fund and Mohit Soni, associate director of corporate ratings for Fitch Ratings tracked the way forward.
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