Yeah. Thanks for taking my question. Firstly, congrats on a good year. If you can help us with the guidance for next year in terms of the key parameters, presales, collections, that would be helpful. Yes, that's my first question.
Sure. And just to clarify, on the business development, if I hear you correctly, you said INR9,000 crores to INR10,000 crores business development spend from here on?
Thanks for the opportunity. Firstly, on the BD . S o we have almost completed our full year target, it obviously shows some confidence on the mark et. What's driving your confidence on demand? Is it market itself growing? Because since last one year we have seen volumes at the industry level mostly flattening out, so are you hoping that this will now grow? Or as you said, because of supply constraint its ability of top five, 10 brands to create enough supply and take a share of that demand that is driving confidence, yes?
Sure. That's helpful. And on Bangalore, the large project that we signed this quarter, 70 acre. Firstly, I wanted to know whether it's a JDA or an outright. If JDA, I mean, there are a lot of incumbent developers eying for that market. Where is the preference for Lodha coming in, in terms of what our brand brings to the table? If you can highlight on that, yes.