Look at Brigade Enterprises, Sobha Developers: Baliga

Ambareesh Baliga, Market Expert told CNBC-TV18, "If you are talking of Mumbai realty, I don’t see it going anywhere at least for the next at least 18-24 months. Looking at the inventory, looking at the prices - unless the prices come down, inventory will not get cleared. So, I don’t think it is any point looking at the Mumbai centric companies.""If you are there in affordable housing possibly there is some of a future because that is one area which will grow because of which I would still possibly look at the ones at Bangalore, if you are talking of Brigade Enterprises or Puravankara or even Sobha; I think that is best the among the lot. I think these are the stocks which we look at as compared to those Mumbai centric ones," he said.