Total Quotes
9Oberoi reveals a deliberate strategy of prioritizing high down-payment, quality sales over volume metrics, explicitly rejecting industry practices of taking minimal payments upfront. The company could achieve Rs.10,000 crores in sales but chooses sustainable growth over market capture.
“...And a little wiz here, and there, there are cancelations and all that happen. So for us, we are very clear, we are not averse to volumes obviously, I would love to go to Rs.10,000 crores tomorrow, but I want them to be backed by the money that we ask or demand. So those things are very important for us, and profitability is very important for us. And this is how we want to grow and then..”
— Vikas Oberoi (Chairman and Managing Director)
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