With this partnership, Bharti Realty has forayed into the residential segment. It will develop over 2,000 apartments in this project covering about 5.2 million sq ft of area.
According to industry sources, the acquisition will help the Softbank-backed firm strengthen its analytics capabilities to help consumers and investors make informed decisions about real estate purchases.
We spoke with Rajesh Sharma, Director & Promoter, Capri Global Capital, to seek his view on investing. He has over 19 years of experience in capital market and financial advisory services.
Anu Jain, Director of Equities at IIFL Private Wealth Management advised staying away from real estate space.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com talked about the stock which has been under pressure is GMR and Cinemax promoters who sold stake to PVR for Rs 395 crore. He believes that the promoters of Cinemax have been able to extract very good valuations. With regards to FDI he said voting is positive news to break the lock-jam.
Amit Harchekar of IIFL is of the view that, Indiabulls Real Estate has a target of Rs 74 and Unitech is also looking good in the real estate space.
PINC Research has come out with its report on real estate space. The top ideas in the large cap space are DLF and HDIL while we like PVKP, ARCP and PHNX in the mid-cap space.
With RBI's decision, the home loans are set to get costlier, which would impact the real estate space. Prestige Estates Projects' chief financial officer Venkat Narayana spoke about the implications of the interest rate hike, and how the demand pans out for the current fiscal and going forward.
With RBI's decision, the home loans are set to get costlier, which would impact the real estate space. Niranjan Hiranandani, managing director of Hiranandani Group told CNBC-TV18 that the marginal customers would be highly affected due to this rake hike. He indicated that there could be a possible recession in the real estate sector.
Avoid real estate space, says Vibhav Kapoor, IL&FS.
Real estate space may see some upside, says SP Tulsian, sptulsian.com.