5 Reasons Why Indian Realty Stocks Are Ready for a Comeback and How You Can Benefit !!
- 22nd Nov 2024
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Luxury Housing Drives the Market While Affordable Homes Gear Up
The Nifty Realty Index has dropped 8% over the past month, presenting a lucrative opportunity for investors. Experts highlight the continued strength in luxury housing and the expected rebound in affordable homes. Ghar investigates more.
Luxury homes in major cities average ₹1.23 crore, a 23% increase from last year.
Affordable Loan Rates Could Boost Realty Sentiments
The RBI has maintained its repo rate at 6.5%, while government officials emphasize cheaper loans to stimulate economic growth. Lower borrowing costs could encourage homebuyers, lifting real estate sales and stock values.
Resilient Sales Despite Market Challenges
Ghar.tv data reveals a 5% drop in home sales and a 25% decline in new launches in top cities, but luxury housing demand remains robust. Ghar also reported an 18% increase in total sales value, driven by the luxury segment.
A Promising Outlook for the Next Two Years
Industry forecasts indicate 10-15% growth in home sales and launches in the next two years. Consumers favor listed companies, with bookings projected to grow by 15-20%, reaching ₹1.3 lakh crore. Asset-light strategies have also strengthened balance sheets. Stocks Poised for 25-30% Growth
Realty stocks like Godrej Properties, DLF, Prestige Estates, Oberoi Realty, and Brigade Enterprises are expected to grow 25-30% over the next six months, supported by economic policies and potential rate cuts.
Why Now Is the Time to Invest
Experts view the current dip as a prime entry point. With strong fundamentals, government backing, and future growth potential, realty stocks are on track for significant gains.
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