Gopi Suvanam, founder of InvestWorks told CNBC-TV18, "Liquidity is easing out. So, that is a good positive thing for a lot of these real estate people who are holding big inventory. We have to see how rate cycle turns around."
"I would go with big names like DLF or Jaiprakash Associates. I would not spread myself into midcap in that particular space. Even if one looks at the data, housing in Mumbai is slowing down. So, I am not bullish on Mumbai based reality. but more on pan India; DLF or JP Associates."
On January 2, 2014 DLF closed at Rs 166.60, down Rs 3.75, or 2.20 percent.
The share touched its 52-week high Rs 289.20 and 52-week low Rs 120.25 on 12 March, 2013 and 06 August, 2013, respectively.
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