Pavitra Shankar

While the price rise in Bangalore over the last 2-3 years has been really substantial, all of our projects that are being launched today are being launched with the expectation that we can still take price hikes of 5 to 7% year-over-year.

We are quite happy with the response to the launch. The increase in pricing just has been about 15% or more on a like-like basis and despite that we've been able to do these kind of numbers.

We haven't had to do any major payment plans. We don't do subventions. We don't do 10:90 schemes. So I think we're quite confident of what we are able to charge and be able to transact in our projects.

We don't really have anything else going on right now potentially in some cases we might do interiors things like that but brigade doesn't do these 1090 subvention schemes or any kind of builder-led subvention so to your answer. No, we don't have that going on and we will not be doing that.

In Chennai, our plan is to launch and sell during the life cycle of the construction of the project. We've seen this happen in the past and that's kind of how that market is geared.

I'm definitely more optimistic that we'll be able to get close to that number.

We will focus on Bangalore, Chennai and Hyderabad... there is much more room to grow for our presence in both Chennai and Hyderabad.