Page 4 - Real Estate Stocks

Sobha Ltd shares gain 5% after Company issues operational update for Q1FY21

The company said the demand has remained consistent in all the cities where it operates in spite of uncertainties of the Covid-19 pandemic

Realty firms can't move price below circle rate; want changes in I-T law

Circle rate is the minimum value that state governments have set for the sale or transfer of a plot, built-up house, apartment or commercial property

Brokerages prefer realty firms with annuity assets amid stable cash flows

At beaten down valuations, annuity developers offer favourable risk-reward, it said. DLF, Prestige Estates, Phoenix Mills and others have large office properties

Sector watch: Nifty Realty index nears 52-week high; DLF hits 22-month high

While announcing Q2 results on November 7, DLF said the development business has been performing well, and achieved net sales of Rs 725 crore in Q2, and expects this momentum to sustain

Analysts see more headroom for quality real estate stocks

At the bourses, most real estate stocks have given a healthy return in CY19. Godrej Properties, for instance, has rallied 37 per cent.

Sobha hits 52-week low on disappointing Q2 results

The company's operational cash flows (OCFs) turned negative for the first time in the past five years

After sharp run in realty stocks, analysts say it's time to be selective

While analysts remain bullish on the road ahead for the sector, they do caution that a full recovery is still far away

Investors shun real estate but lap up realty stocks

See affordable housing as the next big thing

Bet on stocks of tier-1 real estate developers

They are expected to gain market share due to government's affordable housing push and RERA