Mkt share of top 15 developers doubled in last 5 yrs: Godrej Properties CEO

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Mkt share of top 15 developers doubled in last 5 yrs: Godrej Properties CEO - Business Standard

Quick Summary:

Realty firm Godrej Properties Ltd CEO Gaurav Pandey on Tuesday highlighted that the market share of the top 15 developers has doubled in the last five years to nearly 20 per cent and expects further demand consolidation towards big branded builders in the coming years.

So, in the last five years, the market share has doubled for them and currently stands at about 19 per cent.

"I think this will increase, especially three years from today, when maybe the market might slow down because demand aggregation happens whenever there's some sort of market slowdown," Pandey said.