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Realty rally likely to continue as Street upbeat on prospects

Analysts say investors should moderate return expectations; DLF and Macrotech top picks

Topics
Realty | Residential projects | REITs

Ram Prasad Sahu  |  Mumbai 



Embassy is in the final lap of merging with Indiabulls Real Estate to create a large combined entity which will spearhead its residential ventures in the country.

The BSE was the best performing sectoral index over the past year, generating returns of 129 per cent. The September quarter results of leading players, registration data, and bookings are a signpost for the rally’s perpetuation. Despite sharp outperformance, brokerages have picked the sector as a key bet for the year ahead.

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First Published: Sun, November 14 2021. 17:25 IST

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