Have realty shares bottomed out for now? Experts skeptical

The real estate market has been a steaming hot topic since the past many months with prices being on a roller-coaster ride forever. However, in spite of rates hitting old highs, realty stocks continue to be available at 10-15% of their previous peaks.

The recent upswing in the BSE Realty seems to suggest that investors have regained their appetite for realty. However, according to a real estate analyst at Nomura India Aatash Shah, this 15-20% bounce back in some companies is on the back of more bottom fishing and reduction in debt repayment worries for them. "This has eased some concerns in investors