As real estate heads south, investors rush to stock market

Many high net worth investors in NCR have moved money to Dalal Street in the months after note ban

A head of research of a Mumbai-based brokerage, who was in the capital a few weeks back, says he met a new kind of investor — he’s rich, has investible funds in crores of rupees, but has never bought stocks. Of the 15-16 potential clients he met on the trip, about a dozen had made money in real estate.
 
“They have taken a call that real estate is going nowhere for the next three to five years. So, they are looking for opportunities in the stock market. They are eager to know various options and avenues that are available