Profit

Demand for commercial properties is rising: Omaxe

PUBLISHED ON: August 9, 2011 | Duration: 5 min, 49 sec

   
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Sumit Arora, vice-president, investor and strategic relations, Omaxe, says in the first quarter the topline grew by 30 per cent but profit margins took a beating due to rise in cost of fundings. He says the demand for commercial housing is rising.
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