Is it a Good Time to Buy Into Real Estate Sector?

Published: March 29, 2011
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A ‘wild child’ in corporate governance norms, the realty sector’s performance, of late, has not been quite up to the mark. What has triggered the correction is a surge in borrowing costs and higher prices. The alleged involvement of some of the companies in a wave of scams has only fed to the negative sentiment. ET Intelligence Group analyse the dynamics of the Indian real estate sector.

Indian realty stocks that looked all set to fly on the wings of rising demand amid easier access to bank loans and higher purchasing power have been beaten down once again in the recent market correction. In the past one year, Bombay Stock Exchange’s Realty Index has been a stark underperformer, losing half of its value when benchmark Sensex managed to churn out a 2% return.

Source: The Economic Times


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About Zamanzar

Zamanzar Advisory Pvt. Ltd. is a real estate advisory firm located in New Delhi, India. We offer online property search tools and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. Visit Zamanzar to find out more!

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