KRChoksey has come with its December quarterly earning estimates for real estate sector. According to the research firm the residential property prices may witness some correction of about 15-20% at geographies like Delhi, NCR Mumbai etc, but it would be certain pockets not across the cities.
Preview on Real Estate:
Factors to watch in the Q3FY12E result
TOP Picks - Sobha Developers
| Company | Sales (Rs Cr) | PAT (Rs Cr) | Reco | ||
| FY12E | FY13E | FY12E | FY13E | ||
| DLF | 10,022 | 11,081 | 1,412 | 1,761 | BUY |
| Sobha Developers | 1,503 | 1,729 | 197 | 244 | BUY |
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.