Realty Czars Cash In On Demand Boom
Real estate sector creates unprecedented wealth for promoters as companies chase next phase of expansion.
Real estate sector creates unprecedented wealth for promoters as companies chase next phase of expansion.
DLF chairman emeritus is followed by politician and property magnate Mangal Prabhat Lodha.
BSE realty index surged over 3% today, led by sectoral heavyweights such as Lodha, DLF, Oberoi Realty, Godrej Prop, Prestige, and Sunteck Realty.
Shares of real estate companies DLF, Sobha, Oberoi Realty, Godrej Properties, and Brigade Enterprises rose up to 3% post RBI policy announcements.
The real estate market is depressed, but Oberoi Realty has bucked the trend because of its financial discipline and its adoption of best practices.
Editor’s letter from the 15 June -14 Sept 2018 special issue.