Thursday, June 26, 2008

Suresh Jain & Chandan Jain

"The much-required correction has happened in the industry. What we may gradually head towards is a greater interest in JV (joint venture) development, with ratios becoming more rational and being a win-win for the owner and the developer. Recently, the Government has initated moves to increase the availability of residential flats by floating tenders for the joint development with the TNHB. Similarly, it is necessary to increase the availability of commercial space by developing large chunks of land on all the National Highways at the outskirts of the city. This will lead to the development of the suburbs, the easing of traffic, and generating employment."

Suresh Jain, MD and Chandan Jain, JMD, Vijay Shanthi Builders

June 26, 4 pm

Suresh on construction costs

Chandan on 'unsold inventory'

Suresh on 'time to buy'

Suresh on houses for the new workers

Suresh on residence patterns

Suresh on upcoming projects

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