Gold
Rohit Gera: Partnering with someone who knows the land certainly helps
Amid the economic disruption of the pandemic, followed by the geopolitical tensions of current times and the increasing crisis of the price surge, businesses have been driven to consolidate or downsize to cut their losses or slow down operations until the heat passes.Despite all this, Gera Developments forayed into the American property market with projects in San Francisco, making it one of the first Indian companies to venture into the US market. SHRIYAL SETHUMADHAVAN virtually connects with Rohit Gera, Managing Director, Gera Developments, to capture his experience of executing projects out of the country and learn about the impact of the current scenario on his business.
Tell us about your four premium residential and mixed-use projects in the US.
We recently completed two projects in San Francisco and have started the sales process. Our US subsidiary arm, Outdo Inc, and our US-based local partner, March Capital, have equally provided funds and managed the development together.The first project comprises 23 studio apartments and a commercial space at the ground level. The second is a larger residential project with 130 1/2/3 BHK apartments along...
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