Prefer Poddar Developers, says Mehraboon Irani

Mehraboon Irani of Nirmal Bang Securities told CNBC-TV18, "The property space at most could see a trading rally. I do not think demand is going to pick up in a hurry. And there is one stock in the property space which we like because of the sheer value that the company has, called Poddar Developers.""At around Rs 1,200, this stock could even give at least 100 percent returns from here over the next one and a half to two years which is distinctly possible. Not very liquid, but in terms of value, that is the best pick in the real estate space," he said.