Ambareesh Baliga, independent market expert is of the view that realty stocks are trading buys and prefers Oberoi Realty, Brigade Enterprises, Sobha Developers and Puravankara Projects.
Ambareesh Baliga, independent market expert is of the view that one may look at Housing Development andInfrastructure and Oberoi Realty.
The decision by Prime Minister Narendra Modi's government to amend the bill, which was submitted by the previous government in 2013 but not passed by the upper house, aims to boost investor confidence and stamp out illegal practices.
Realty stocks rallied 1-8 percent on Wednesday after the cabinet yesterday approved the Real Estate Development and Regulation Bill that paved the way for setting up a regulator for the sector.
Parag Thakkar of HDFC Securities has a bullish stance on Oberoi Realty, Kolte-Patil Developers and Brigade Enterprises.
Watch the interview of Parag Thakkar of HDFC Securities with Latha Venkatesh & Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Bangalore will be the least affected, in JP Morgan's view. NCR, too, will likely take a hit on account of the new regulations, but the impact should be lower than in Mumbai, says the brokerage
Prakash Diwan of Altamount Capital Management recommends staying away from the realty space.
Watch the interview of Prakash Diwan of Altamount Capital Management with Reema Tendulkar & Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
It is also under consideration of the government to enhance the rate of premium on grant on all kinds of FSI. These gains in FSI will benefit individuals, but the government does not get benefit of revenue increase in the same proportion.
Here are top 10 stocks to focus on March 19 - ICICI Bank, TVS Motor, BPCL, Wockhardt, Raymond, Bombay Dyeing, Oberoi Realty, Mangalore Chemicals, Deepak Fertilizers and GNFC.
Investors, post their company meetings, seem to agree that valuations were probably pricing in too much of good news, Merrill Lynch said in its note
In his first full-year budget since Prime Minister Narendra Modi's landslide election victory last May, Jaitley said India's economy was about to take off. Modi tweeted that the budget would "further reignite our growth engine".
Furthermore, Finance Minister Arun Jaitley proposed to allow tax pass-through for alternate investment funds.
Motilal Oswal has come out with its report on real estate sector. The research firm prefers players with a growing and quality annuity vertical like Prestige Estates, Brigade Enterprises and Oberoi Realty, given strong operational recovery.
CNBC-TV18's Sonia Shenoy lists out stocks that you should focus on.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Oberoi Realty, Titagarh Wagons, Kalindee Rail, Texrail, PC Jeweller and HOEC.
Investors continued to buy shares of Oberoi Realty on Tuesday as brokerage house Goldman Sachs maintains buy rating on the stock, citing strong cash flow from one of its Mumbai project. It kept its target price on the stock at Rs 354.
The true benefits for key Mumbai developers like Oberoi, Bombay Dyeing, Mahindra, IBREL (industrial land), Godrej, (JDA, redevelopment), HDIL, and Hubtown (SRA) would be contingent on clarity on the above issues. Oberoi remains our preferred pick on Mumbai play, says Motilal Oswal.
Investors in general however are skeptical resulting in reasonable to cheap valuations for most of these stocks, feels Jp Morgan
In the new development plan for the next 20 years (2014-34), BMC has made a proposal to allow more floor space index (FSI) of 6.5 and 8 in the vicinity of major railway stations near central business districts and other employment nodes.
Real estate companies in Mumbai get a boost as the BMC proposes a new 20-year development plan and recommends a substantial increase in FSI to a maximum of 8.
Here are top 10 stocks to focus on February 18 - ITC, Pipavav Defence, JP Associates, Hindalco, Infosys, Suzlon, Rel Power, Hero Motocorp, Reliance Industries and Bharti Airtel. Our research team is also tracking HDIL, DB Realty, Oberoi Realty, Lupin, Tata Motors, HCL Infosystems, Eicher Motors, Concor, Gateway Distriparks and Saint Gobain.
Parag Thakkar, Head Of Sales at HDFC Securities is of the view that one may look at real estate space like Oberoi Realty and Kolte-Patil Developers.
Parag Thakkar of HDFC Securities is of the view that one may prefer State Bank of India, Axis Bank and KPIT Technologies.