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You Don't Need 5 Houses, But Owning One Is Crucial: HDFC Capital MD & CEO Vipul Roongta
Exclusive Interview: Speaking to ABPLIVE, Vipul Roongta, MD and CEO of HDFC Capital, batted for REIT, saying it's the future and a game changer for the housing sector
New Delhi: REIT, or real estate investment trust, is the future of real estate investment and could be a complete game changer for the economy, according to Vipul Roongta, the MD and CEO of HDFC Capital. He also believes everyone should focus on having at least one home of their own, and that the average age of a home buyer is going down. "We may see this average age going down from 36 to probably late 20s," Roongta said in an exclusive interview to ABPLIVE.
Sharing his thoughts with ABPLIVE on
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