DLF, Godrej Prop: Realty stks still have room to build gains, say analysts

The pause, even if temporary, in the interest rate cycle is a positive development for the real estate sector and should see an increase in home-buying

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Puneet Wadhwa New Delhi

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The overall positive sentiment in real estate stocks is likely to remain intact over the next three – six months amid bouts of volatility and selling, said analysts, who suggest a pause in the Reserve Bank of India's (RBI's) interest rate cycle – at least for now – is likely to provide the much needed support.
Since the RBI policy on April 6, the Nifty Realty index has surged 7.3 per cent as compared to 0.4 per cent rise in the Nifty50 till April 10.

G Chokkalingam, founder and head of research at Equinomics Research & Advisory sees another 15 per cent rise in quality

First Published: Apr 11 2023 | 10:06 AM IST

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