India, Feb. 18 -- Boman Irani, chairman and MD of Keystone Realtors (Rustomjee Group), has said that salaried individuals and small business owners make up a strong base of home buyers for them, and there doesn't seem to be a connection between the stock market and housing demand, at least not right now.

He made this statement while responding to a question during the recent investors' call for Q3FY25 on February 11 on whether stock market fluctuations would impact housing demand.

Irani also said that the company remains focused on redeveloping old buildings in the Mumbai Metropolitan Region and plans to replicate its success in the Thane real estate market in Dombivli, where it has announced an affordable project.

According to Irani, ...