At the bourses, most real estate stocks have given a healthy return in CY19. Godrej Properties, for instance, has rallied 37 per cent.
The company's operational cash flows (OCFs) turned negative for the first time in the past five years
While analysts remain bullish on the road ahead for the sector, they do caution that a full recovery is still far away
See affordable housing as the next big thing
They are expected to gain market share due to government's affordable housing push and RERA