Nifty Realty index: MOFSL named Macrotech Developers (Lodha) as its preferred pick among large-cap players and also maintains a positive view on DLF and Godrej Properties
Developers have become selective in launching new projects: Analysts
MOFSL has Buy ratings on Lodha Developers, DLF, Godrej Properties, and AB Real Estate, while it has a Neutral rating on Oberoi Realty
Weekly market outlook by Ajit Mishra: The analyst from Religare Broking says Nifty remains in consolidate mode; among stocks he recommends buying DLF, L&T Finance and Paytm this week.
Market outlook: Nifty and Bank Nifty are likely to remain rangebound until a decisive breakout on either side, says Jatin Gedia, VP - Technical Research at Teji Mandi Investment Technologies.
Anand Rathi attributed the slowdown in the real estate sector to weaker hiring and salary growth, particularly in the IT sector, along with subdued capital market performance over the past two years.
The acquisition adds to a series of high-value transactions at DLF's super-luxury Gurugram project, where prices have risen sharply since launch
The Gurugram apartment spans 6,233.39 sq ft and is located on the 20th floor of Tower 1
Virat Jagad, technical analyst at Bonanza believes that DLF, Sobha and Lodha are precariously placed on the charts, wherein a breach of key supports could make them vulnerable to further downside.
Analysts expect Indian real estate growth to slow in FY27, but see opportunities in Lodha, Sobha, Mahindra Lifespace, DLF and Prestige Estates amid healthy demand for project launches
Realty major expects strong sales momentum from upcoming launches in Gurugram, Mumbai and Goa despite concerns over commercial leasing delays
India's biggest realty firm DLF Ltd has announced an additional investment of Rs 21,300 crore to complete its ongoing residential projects, mainly in Delhi-NCR, Mumbai and the tri-city Chandigarh. In its latest investor's presentation uploaded on the BSE on Wednesday, DLF said the "pending cost to complete for all launched projects" stands at Rs 21,300 crore. The company also disclosed that receivables from customers against the sale of properties stand at Rs 33,840 crore. The net receivables after meeting the pending cost to complete the launched project are Rs 12,540 crore. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh, including an ultra-luxury project 'The Dahlias' at Gurugram, which has a revenue potential of around Rs 35,000 crore. On Wednesday, DLF the country's largest real estate company by market capitalisation announced its financial results and also operational performance for the last fiscal. Duri
Realty major reports weaker quarterly income even as annual sales bookings remained strong, led by luxury housing projects in Gurugram and Mumbai
Fund houses eye passive schemes tracking Nifty REITs & Realty Index
Rikant Pittie acquires a luxury penthouse in DLF's Andheri West project for Rs 15.9 crore, marking one of the highest per square foot transactions in Mumbai's western suburbs
The Nifty Realty index was hit hard over the past few weeks, crashing 15 per cent due to rising oil prices amid supply disruption fears, leaving investors jittery about the rate-cut cycle
The Nifty Realty index tanked over 34 points or 4.8 per cent to the day's low at 662.85
Sobha, Anant Raj, Prestige Estates Projects, Oberoi Realty, Signature Global and Lodha Developers were down in the range of 4 per cent to 6 per cent on the NSE in intra-day trade on Monday.
NRI buyers fuel DLF's sales boom, contribute one-third of bookings
Mazagon Dock, Concor, IRCTC, DLF and SRF can bounce back from oversold levels owing to a positive divergence on the RSI indicator, explains Muthuselvaraj, technical analyst at Mirae Asset ShareKhan.