The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: My first question obviously is on the INR 155 crore provision that you have made. What is the max liability that you see here in terms of the legal
liabilities or a long drawn case across case, which can potentially hurt the extremely good brand equity that you enjoy? How are you looking at it?
And how are you protecting the interest of the company here?
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AUGUST 02, 2023 / 11:00AM, GODR.NS - Q1 2024 Godrej Properties Ltd Earnings Call
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: And who are the contractors and their ability to pay if needed?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Understood. My second question is on the collections which were a bit weaker. Is it possible to get a breakup of what part of collections came from
the new launches and what part from the sustaining sales? And similar numbers for last year, yes, if possible.
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Okay. Great. That's fine. And lastly, if you can talk a bit about your thought process in buying back the stake of the partner in the Bandhu project.
What is driving these kind of decisions? Is it being driven by -- at your end or at the partner's end? And how are the financials managed there?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: In terms of the new projects which we have acquired under auction, what stage of approval are they? And how soon can you launch these?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: So I'm just trying to understand with the perspective of how RLD has behaved. Is this auction authority also likely to behave similarly? Or is it more
progressive?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Understood. That's really helpful. And lastly, if you can give some color on the market demand, which market in your view is stronger than the
others? And are you worried about Gurgaon market all given the kind of price increase and the euphoria that is all going on there on the demand
side?
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