Pick Godrej Properties, Sobha Developers: Prakash Diwan

Prakash Diwan, Director of Altamount Capital Management told CNBC-TV18, "Real estate has been ignored off-late, it's been on the sideline and after the DLF order some of the comparable players in the peer group would start seeing some advantage come to their side, the inventories particularly Unitech in the NCR region holds is definitely much more ready to be taken away and sales realisation could be much better at the cost of DLF."

"It is a stock specific story in the making. Real estate will still have to be cautious with – our picks are still Godrej Properties and Sobha Developers but not yet go with Unitech and Indiabulls Real Estate of the worlds," he added.