24 Sep Why Realty Stocks are Up ? | Top 4 Realty Stocks for Investment

This is good news for real estate stocks as market is already bullish on the Indian realty sector as they are showing strong growth momentum on the back of low interest rates, supportive government policies, and consolidation in the industry due to RERA, and growth in the technology space.” Low-interest rates and hopes of a faster economic recovery in the post-pandemic world seem to have boosted realty stocks Besides, the rebate on stamp duty in some states has also supported realty players. On September 21, Housing Development Finance Corporation (HDFC) said it will offer home loans at 6.7 percent as part of a festive offer Karnataka government slashes stamp duty on housing units priced below ₹45 lakh The upcoming festive season has seen major players such as State Bank of India, Kotak Mahindra Bank and Punjab National Bank lowering their rates. “This is expected to have a positive impact on the realty sector as with the reduced interest rates it can be expected that there will be more interest in the borrowers,”
Investment Picks : 23 Sep 2021
#HDFC CMP 2825 :

Targets 3000 & 3250
SL 2750 & 2695
#GODREJPROP CMP2182
Targets : 2250 & 2500
Stoploss : 2050 & 1830
#GRINFRA CMP 2000 :
Targets 2125 & 2250 Stoploss 1845
#LODHA CMP 1102 :
Target 1165 & 1200 Stoploss 1030
Other Trading DLF, Prestige Estates, BRIGADE, Oberoi Realty
Nifty Realty – 52 week High 493 8%up – breakout in Nifty realty index has come after 10 years of consolidation

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