Kunal Bothra of LKP advises traders to avoid real estate stocks from a portfolio point of view.
Amit Dalal of Tata Investment says, in an interview to CNBC-TV18, that a fall in the rupee has failed to deter FIIs and inflows have remained strong enough to keep the market stable.
The Real estate sector is one of the most important sectors to be affected by macro-economic changes in the country. Therefore, the Annual Budget of the nation is of prime importance to this sector, to determine the way forward.
The Real-Estate sector, at present is the major contributor to GDP of the country and at the same time has emerged as an important employment provider.
The need of the hour is to bring in a slew of reforms to revive the Indian growth story. We are optimistic that the Union Budget 2013 will announce certain essential measures to achieve this.
India Ratings has revised its outlook for the Indian real estate sector to negative to stable for 2013, from negative in 2012. Demand remains subdued and EBITDA margins low, leading to weak credit metrics for companies in the sector.
The government is likely to come up with a Bill in the forthcoming Budget session of the Parliament to regulate the real estate sector, Housing Minister Ajay Maken said.
Fitch Ratings says in a new report that the rating outlook for the Indian real estate sector continues to be Negative for H212, due to persistent sluggish demand, high construction costs and liquidity pressures.
SP Tulsian, sptulsian.com is positive on real estate sector.
Faced by challenges, such as increased land cost and lack of availability of funds, the real estate sector has once again made a call for industry status.
BSE and NSE member Dipan Mehta advises investors on CNBC-TV18 to adopt a wait and watch mode till the inflation data is released, the results of the Greek elections are announced and full impact of the monsoons is observed.
Motilal Oswal has come with its March quarterly earning estimates for Real Estate sector. As per the research firm, real estate companies are expected to post revenue de-growth of 14% YoY (up 20% QoQ) and net profit to decline 13% YoY (up 11% QoQ).
Prabhudas Lilladher has come with its March quarterly earning estimates for Real Estate sector. As per the research firm, the scenario continues to remain grim across markets in the Residential segment. Most markets are seeing a built-up in inventory on account of the lacklustre sales environment.
Emkay Global Financial Services has come with its March quarterly earning estimates for Real Estate sector. According to the research firm, sales booking of most of the companies under coverage are expected to be subdued to marginally above than the previous quarter.
Another lost opportunity by our Finance Minister, who could have done significant lot to drive the consumer demand for real estate and turn the fortunes of the sector and in turn give a fillip to GDP growth in 2012-13.
People expects the government to give some relief in the existing policies, Shri Dharmesh Joshi of Ganeshaspeaks.
We expect the government to set a trend of policy reforms for the sector. We wish urge the government to exempt all sorts of investment made in the real estate sector from tax.
Nilesh Shah, Envision shares his view on real estate sector.
There is a long standing demand of real estate sector to classify the housing projects, where per unit cost is Rs 40 lacs or less, under priority sector, says RK Arora of Supertech.
Industry status to the real estate sector is long awaited. This should be provided in the current Budget, which will definitely give a boost to this industry and the benefits/facilities available to the industries at large could be utilized.
Fitch Ratings has come out with its report on Indian real estate sector.
Despite a pause in rate hikes in the quarter gone by, there hasn't been any positive impact on realty sales so far, CNBC-TV18’s Priyanka Ghosh reports.
PINC Research has come out with its report on real estate sector. According to the research firm FSI amendment will change the face of Mumbai realty for good from the point of view of the customer.
Real estate sector may outperform, says Sudarshan Sukhani of technicaltrends.com.
PINC Research has come out with its report on real estate sector. The research firm is positively inclined towards the sector as we see inflation cooling off from Q1FY13.