{"id":6028,"date":"2023-03-22T14:01:10","date_gmt":"2023-03-22T08:31:10","guid":{"rendered":"https:\/\/www.omaxe.com\/blog\/?post_type=web-story&#038;p=6028"},"modified":"2023-03-22T14:01:12","modified_gmt":"2023-03-22T08:31:12","slug":"listed-developers-reduce-debt-plan-big-launch-in-tier-2-3-cities","status":"publish","type":"web-story","link":"https:\/\/www.omaxe.com\/blog\/web-stories\/listed-developers-reduce-debt-plan-big-launch-in-tier-2-3-cities\/","title":{"rendered":"Listed Developers Reduce Debt, Plan Big Launch in Tier 2\/3 Cities"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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publisher-logo-src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2022\/12\/Untitled-design-37.png\" title=\"Listed Developers Reduce Debt, Plan Big Launch in Tier 2\/3 Cities\" poster-portrait-src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26.jpg\"><amp-story-page id=\"19bb75df-0acf-4bf1-bdd2-a39dc9ed95f1\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#a0a093\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ee73225e-5051-4178-a23b-f0609e26eee1\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26.jpg\" alt=\"Ludhiana\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26.jpg 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-470x626.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-370x493.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-225x300.jpg 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-150x200.jpg 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:70.38835%;width:95.14563%;height:17.31392%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5102040816326531% 0.5102040816326531% 0.5102040816326531% 0.5102040816326531% \/ 1.8691588785046727% 1.8691588785046727% 1.8691588785046727% 1.8691588785046727%;background-clip:content-box;background-color:#eb2323\" id=\"el-09807282-5643-4123-bc38-f6f2157e4069\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.06473214285714289% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.453074em;line-height:1.19;text-align:left;padding:1.0204081632653061% 2.0408163265306123%;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Listed Developers Reduce Debt, Plan Big Launch in Tier 2\/3 Cities<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"ae3b00ce-e7b3-4854-a2a4-76029a4d9443\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a597d06e-187f-40a1-9ffe-115a58f12658\",\"keyframes\":{\"transform\":[\"translate3d(-105.37635%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a17159f8-d511-4b30-b405-286d05aeb5ae\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-72d58257-fc6d-42c2-a9c3-49de04d56451\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#84797b\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c035013d-6e80-4d43-8f3e-1a35aea1fdc0\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow.jpg\" alt=\"2BHK flats in Lucknow\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow.jpg 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow-470x626.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow-370x493.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow-225x300.jpg 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2020\/07\/cropped-2BHK-flats-in-Lucknow-150x200.jpg 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-39ae91fa-c332-4f51-95f1-1459c8a988f4\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:4.85437%;top:78.9644%;width:90.29126%;height:24.27184%;opacity:1\">\n<div id=\"anim-a597d06e-187f-40a1-9ffe-115a58f12658\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-105.37635%, 0px, 0)\">\n<div id=\"anim-a17159f8-d511-4b30-b405-286d05aeb5ae\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-72d58257-fc6d-42c2-a9c3-49de04d56451\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5376344086021506% 0.5376344086021506% 0.5376344086021506% 0.5376344086021506% \/ 1.3333333333333335% 1.3333333333333335% 1.3333333333333335% 1.3333333333333335%\" id=\"el-81296f71-6757-468f-b5d1-05e4ec4485c8\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.051159274193548175% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.339806em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">A report by ICICI Securities points to the fact that net debt levels of <\/span><span style=\"font-weight: 700; color: #fff\">listed real estate developers<\/span><span style=\"color: #fff\"> have declined 37% since the first wave of the COVID.<\/span><\/p>\n<p><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.19417%;top:66.34304%;width:111.16505%;height:9.2233%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8049c684-038e-4f20-ae36-808bf123200a\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:69.57929%;width:84.70874%;height:4.20712%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5730659025787965% 0.5730659025787965% 0.5730659025787965% 0.5730659025787965% \/ 7.6923076923076925% 7.6923076923076925% 7.6923076923076925% 7.6923076923076925%\" id=\"el-f7f742f0-4832-4efc-b6b3-e1dd21ee51ec\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08864613180515739% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Plan Big Launch in Tier 2\/3 Cities<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c61f7bde-ef98-42bc-b415-02f5ac0484ba\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-35c874fa-3694-4040-ab11-4db4411ba491\",\"keyframes\":{\"transform\":[\"translate3d(106.86814%, 0px, 0)\",\"translate3d(0px, 0px, 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class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d7868e8e-c24c-487b-89bf-b6ff75ca13b4\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16.png\" alt=\"image\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16.png 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16-470x626.png 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16-370x493.png 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16-225x300.png 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/02\/cropped-image-16-150x200.png 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e4bf7aba-ce6b-4d48-8d75-001dd92612ff\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:71.35922%;width:88.34951%;height:31.06796%;opacity:1\">\n<div id=\"anim-35c874fa-3694-4040-ab11-4db4411ba491\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(106.86814%, 0px, 0)\">\n<div id=\"anim-0690d583-33e8-4dbe-9048-a6f3b4997594\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-119c0b98-ed27-4122-af77-8ef9c87e9af4\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5494505494505495% 0.5494505494505495% 0.5494505494505495% 0.5494505494505495% \/ 1.0416666666666665% 1.0416666666666665% 1.0416666666666665% 1.0416666666666665%\" id=\"el-1a659e60-f22a-4d02-a7ba-b6862b932a81\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.04481456043956019% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">\u201cThe decline in debt levels has been achieved through a combination of reduction in the cost of debt by 80-160 basis points (bps), reduction in corporate overheads by 20-40 percent from pre-Covid levels, operating cash surpluses, asset sales, and equity capital raise either through the QIP route or through dilution at the SPV level,\u201d the report said.<\/span><\/p>\n<p><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"13be1137-023d-4add-82e9-723804d6d41d\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#806b57\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-69c2d147-10af-461b-9016-f1785d919d9e\">\n<div style=\"position:absolute;width:352.67974%;height:100%;left:-126.33987%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk.jpg\" alt=\"Buying a Property in Chandni Chowk\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk.jpg 1349w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-1024x516.jpg 1024w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-1010x509.jpg 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-768x387.jpg 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-470x237.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-370x187.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/Buying-a-Property-in-Chandni-Chowk-300x151.jpg 300w\" sizes=\"(min-width: 1024px) 159vh, 353vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3f924a98-7cf7-449c-b57d-2a17c81f7d69\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:76.21359%;width:88.34951%;height:27.6699%;opacity:1\">\n<div id=\"anim-00b6155a-dcd2-4e94-b140-a3f06c9823d3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-106.31868%, 0px, 0)\">\n<div id=\"anim-a7b6061b-06ed-47aa-a37a-cc8c6b33f572\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-fde25917-69a7-4705-8dd8-011958e347df\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5494505494505495% 0.5494505494505495% 0.5494505494505495% 0.5494505494505495% \/ 1.1695906432748537% 1.1695906432748537% 1.1695906432748537% 1.1695906432748537%\" id=\"el-791e7b8b-4eea-4f44-b9ec-ecff7912bba5\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.04481456043956019% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">The preference of homebuyers for listed developers is seeing an upward trend in the last few years. The advent of the pandemic has accelerated this trend. Strong fundamentals, financial heft, and a reputation of delivery are the key factors that have helped homebuyers tilt towards listed developers.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.19417%;top:64.72492%;width:111.16505%;height:9.2233%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-01941ff5-b350-49c0-ace8-9d0f0c9651ca\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:67.96117%;width:84.70874%;height:4.20712%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5730659025787965% 0.5730659025787965% 0.5730659025787965% 0.5730659025787965% \/ 7.6923076923076925% 7.6923076923076925% 7.6923076923076925% 7.6923076923076925%\" id=\"el-629b7901-22ef-435c-a337-f6dcbb55c35b\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08864613180515739% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">The preference of Homebuyers<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"6e79d2e2-8947-4304-beb1-2d9aa4c38c36\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2ad7c7ad-eb40-43ea-b75e-519e284df734\",\"keyframes\":{\"transform\":[\"translate3d(106.86814%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-3813f603-357e-4f71-bf1c-12a56391063e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e8ba333e-f072-4887-93b2-d624505f6e64\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#73725c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-955aca90-5e1d-4d3a-8461-ebfa674bfc9a\">\n<div style=\"position:absolute;width:352.67974%;height:100%;left:-126.33987%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment.jpg\" alt=\"residential apartment\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment.jpg 1349w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-1024x516.jpg 1024w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-1010x509.jpg 1010w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-768x387.jpg 768w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-470x237.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-370x187.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2023\/03\/residential-apartment-300x151.jpg 300w\" sizes=\"(min-width: 1024px) 159vh, 353vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2591b9df-a26b-4dfa-8ace-ed5be8efe2d5\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:76.21359%;width:88.34951%;height:20.87379%;opacity:1\">\n<div id=\"anim-2ad7c7ad-eb40-43ea-b75e-519e284df734\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(106.86814%, 0px, 0)\">\n<div id=\"anim-3813f603-357e-4f71-bf1c-12a56391063e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-e8ba333e-f072-4887-93b2-d624505f6e64\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5494505494505495% 0.5494505494505495% 0.5494505494505495% 0.5494505494505495% \/ 1.550387596899225% 1.550387596899225% 1.550387596899225% 1.550387596899225%\" id=\"el-6ff695eb-5881-4a7c-8396-4addf9c572bb\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.04481456043956019% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Owing to the reverse migration, listed developers have found a huge untapped market in tier 2\/3 cities as their next stage of growth. These cities have become extremely important also owing to the Government\u2019s infrastructure push.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.19417%;top:64.72492%;width:111.16505%;height:9.2233%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d5b3fc8e-ca49-4fa5-92e3-00886be9ab86\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:67.79935%;width:84.70874%;height:4.20712%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5730659025787965% 0.5730659025787965% 0.5730659025787965% 0.5730659025787965% \/ 7.6923076923076925% 7.6923076923076925% 7.6923076923076925% 7.6923076923076925%\" id=\"el-eccc5dc7-695a-423b-a74e-1f11428fc7ee\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08864613180515739% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Owing to The Reverse Migration<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"3ea112ea-e0d0-4328-9edb-a05f19ad7510\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-232cc53b-139a-4ee9-9521-594c2e71ac4d\",\"keyframes\":{\"transform\":[\"translate3d(-106.31868%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1af66b01-f783-41a8-84ab-1a37ff3e7b2d\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-5dce01e7-f25f-45c2-83e0-2816e1a06ff3\",\"keyframes\":{\"transform\":[\"scale(0.15)\",\"scale(1)\"]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#a0a093\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-574bcc17-0bf9-43ca-8da1-e1741672993b\">\n<div style=\"position:absolute;width:133.38544%;height:100%;left:-16.69272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26.jpg\" alt=\"Ludhiana\" srcSet=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26.jpg 640w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-470x626.jpg 470w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-370x493.jpg 370w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-225x300.jpg 225w,https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/cropped-26-150x200.jpg 150w\" sizes=\"(min-width: 1024px) 60vh, 133vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-9.95146%;top:67.96117%;width:114.32039%;height:52.589%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f216d61b-2829-4f95-a674-5f5195c13e57\">\n<div class=\"fill\" style=\"background-color:rgba(216,21,11,0.8);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:74.59547%;width:88.34951%;height:20.87379%;opacity:1\">\n<div id=\"anim-232cc53b-139a-4ee9-9521-594c2e71ac4d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-106.31868%, 0px, 0)\">\n<div id=\"anim-1af66b01-f783-41a8-84ab-1a37ff3e7b2d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-5dce01e7-f25f-45c2-83e0-2816e1a06ff3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5494505494505495% 0.5494505494505495% 0.5494505494505495% 0.5494505494505495% \/ 1.550387596899225% 1.550387596899225% 1.550387596899225% 1.550387596899225%\" id=\"el-b84c0cea-ad4e-478c-85b1-87db06aa5c19\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.04481456043956019% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.291262em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">According to a report by Anarock, data from the financial presentations of the top 7 listed realty companies reveals that listed players are gearing up to launch close to 92.5 mn sq ft of new residential space within the next 1-2 years.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:-10.19417%;top:63.1068%;width:111.16505%;height:9.2233%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-efe3492b-168d-4d57-87c6-eac7444f09ec\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:66.18123%;width:84.70874%;height:4.20712%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5730659025787965% 0.5730659025787965% 0.5730659025787965% 0.5730659025787965% \/ 7.6923076923076925% 7.6923076923076925% 7.6923076923076925% 7.6923076923076925%\" id=\"el-91d5e6e4-2316-4692-b064-0673bdcb46a1\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08864613180515739% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Owing to The Reverse Migration<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.90291%;top:94.98382%;width:59.70874%;height:6.79612%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:8.130081300813007% 8.130081300813007% 8.130081300813007% 8.130081300813007% \/ 47.61904761904761% 47.61904761904761% 47.61904761904761% 47.61904761904761%\" class=\"mask\" id=\"el-7f7823b2-5d64-485d-9b6b-8246c4df24be\">\n<div class=\"fill\" style=\"background-color:#fff;will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:24.51456%;top:95.79288%;width:54.36893%;height:4.85437%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.8928571428571428% 0.8928571428571428% 0.8928571428571428% 0.8928571428571428% \/ 6.666666666666667% 6.666666666666667% 6.666666666666667% 6.666666666666667%\" id=\"el-98102e32-8480-4442-8e29-4458b0603166\"><a href=\"https:\/\/www.omaxe.com\/blog\/listed-developers-reduce-debt-plan-big-launch-in-tier-2-3-cities\/\" data-tooltip-icon=\"https:\/\/www.omaxe.com\/blog\/wp-content\/uploads\/2019\/05\/26.jpg\" data-tooltip-text=\"Listed Developers Reduce Debt, Plan Big Launch in Tier 2\/3 Cities\" target=\"_blank\" rel=\"noreferrer noopener\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\"><\/p>\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10114397321428573% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Read Out For More<\/span><\/span><\/h3>\n<p><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d0cf31c9-b068-4aca-aca7-1da96670153d\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" 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6.666666666666667% 6.666666666666667%\" id=\"el-c3c7be50-538b-45e4-aa73-270341b0a497\"><a href=\"https:\/\/www.omaxe.com\/\" data-tooltip-text=\"Top Builder, Real Estate Developer Company in India | Omaxe Ltd Properties\" target=\"_blank\" rel=\"noreferrer noopener\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0\"><\/p>\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07894163763066202% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">www.omaxe.com<\/span><\/span><\/h3>\n<p><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Omaxe, one of the early entrants in State Capitals and tier 2\/3 cities, has its presence in Lucknow, Ludhiana, New 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