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 investorsDiscover 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!
