Analysts Remain Bullish on Realty Stocks Despite Weak Q1 Earnings
· Business · Economic Times, Business Standard, Hindustan Times
Brokerages like Kotak Securities and Ambit Capital remain bullish on Indian real estate stocks despite a weak Q1 earnings season marked by subdued launches and a high base. Industry residential sales grew 9% year-on-year in Q1 FY27, driven largely by 6% pricing growth while volumes remained range-bound. Inventory has risen modestly but stays manageable at 1.9 years of trailing sales, with major developers continuing to gain market share. Analysts project that planned residential launches of Rs 2 lakh crore in FY27 will support a 17% pre-sales growth guidance. Meanwhile, commercial REITs are seeing an uptrend in leasing momentum anchored primarily by Global Capability Centre demand.
Why it matters
Investors and home buyers looking at major real estate firms like DLF, Sobha, Lodha, and commercial REITs can gauge market resilience amid shifting valuations and inventory levels.
Read the original report — Economic Times
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