Friday, November 26, 2010

Analysts are Upbeat about the Real Estate Stocks

Just a month ago many analysts were talking of price corrections when the Nifty was trading at 5600 levels and BSE at 18000. Many said that there might be some corrections in the range of 3-4% and many of them were significantly warning investors to refrain from real estate stocks. However, with the sudden upward swirl of share market and the NSE and BSE Sensex touching a new high, same analysts are chewing their words.

Well, almost every sector has experienced the rally due to FII inflows and it is very likely that real estate stocks can provide good returns in the short as well as long term. There are many analysts who are saying that compared to their peers like auto and consumer durables, real estate stocks are undervalued and they may see a rise in near future. Many analysts believe that the festive season, hike in real estate prices and high liquidity in market will definitely push the real estate stocks to swell in coming 3-4 months.

Shares of real estate big wigs like DLF , Unitech and others have still remained undervalued and they are almost trading at almost 20% their value registered in October last year. In fact, you can also sense that the lull which gripped this sector last year is not present right now and numerous residential and commercial real estate projects are being launched every month.

Renaissance Realty is the place to begin your search for real estate in Delhi NCR, whether you are looking to buy, sell or rent a home or property. We have the tools you need to make an informed decision, including resources and information related to Real Estate in Delhi, Property in Delhi, Real Estate agents/ Property Dealers in Delhi. We also promote commercial and residential properties in Delhi for Sale, Rent and Lease (including- apartments, house, villas, shops, offices and land).