Abhinandan lodha biography sample
Abhinandan lodha biography sample
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Abhinandan Lodha dismisses oversupply concerns in Mumbai real estate market
Abhinandan Lodha, Chairman of the House of Abhinandan Lodha, dismissed concerns about oversupply in Mumbai’s residential real estate market, even in the premium segment.
Lodha’s optimism contrasts with Knight Frank’s Gulam Zia, who flagged a worrying five-year inventory in Mumbai’s ₹20-50 crore housing segment, calling it a potential sign of stress.
Also Read: Big worry for NCR and Mumbai real estate markets
Lodha attributed the inventory in this price range to recently launched projects and remains confident about their absorption over the next two to three years.
"Unless and until FSI norms change, oversupply situations are very difficult to create in urban areas," Lodha noted.
FSI or Floor Space Index, is a measure that defines the maximum permissible built-up area on a plot of land relative to its size.
Lodha believes that overall demand for real estatewill significantly increase over
Lodha’s optimism contrasts with Knight Frank’s Gulam Zia, who flagged a worrying five-year inventory in Mumbai’s ₹20-50 crore housing segment, calling it a potential sign of stress.
Also Read: Big worry for NCR and Mumbai real estate markets
Lodha attributed the inventory in this price range to recently launched projects and remains confident about their absorption over the next two to three years.
"Unless and until FSI norms change, oversupply situations are very difficult to create in urban areas," Lodha noted.
FSI or Floor Space Index, is a measure that defines the maximum permissible built-up area on a plot of land relative to its size.
Lodha believes that overall demand for real estatewill significantly increase over