Believe it or not: Macquarie bets on Indian realty sector

Mark Matthews says the real estate sector can be valuable after few years and even recommends buying into that space with 2-3 years horizon. Owing to its low debt-equity ratio, Matthews's top pick from the sector is Prestigeous Estates

April 25, 2011 / 13:22 IST

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Mark Matthews, analyst at Macquarie Capital Securities wants to bet on a sector which has been shunned by most in the wake of a series of scandals and overstretched valuations. The real estate sector.

Speaking to CNBC-TV 18, Matthews said the real estate sector can be valuable after few years and even recommends buying into that space with 2-3 years horizon. He sees the current situation

first published: Apr 25, 2011 10:32 am

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