Prefer Godrej Properties, says Gaurang Shah

Gaurang Shah of Geojit BNP Paribas Financial Services told CNBC-TV18, "If one is looking at maybe about a long-term year to a year and a half to two years kind of time horizon then my sense is that the recent development in the real estate sector has thrown some positivity. Over there, I would identify Godrej Properties as an investment idea. As a disclosure we do have a positive coverage."At 15:18 hrs Godrej Properties was quoting at Rs 316.35, down Rs 6.10, or 1.89 percent on the BSE.