Browsing: Realty Index

Headlines Large Listed Developers, Large Real Estate Developers, Listed Real Estate Developers, Worth ofListed Developers, Top Line of Listed Developers, Market Size of Listed Developers, Listed Developers in India, Big Real Estate Brands, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News, Real Estate Journalists, Property Journalist

Large & listed developers commanding real estate market in India

Evaluation of the real estate brands has never been as challenging in India as it is now. After all, the large & listed real estate developers across the country are exhibiting identical patterns with their performance. Nearly all of them are witness to their best-ever fiscal topline as well as stock performance. The combined market share, fiscal performance and market cap of some 20-0dd listed real estate companies would be more than half the revenue of Indian real estate.

Consumer Connect Realty Stocks, Real Estate Stocks, Real Estate Shares, Property ROI, Realty Index, Puravankara

Intrinsic value of a realty stock subject to interpretation

Ramneek Sethi, an IT professional wanted to invest in the stock market. He was keen on real estate stocks keeping in mind its growth potential and India’s increasing urbanisation. However, a meeting with the financial planner changed his mind. The financial planner categorically asked him to stay away from volatile real estate stocks and instead get into the power play through proxies in cement, steel, and other ancillary businesses. Reason: Real estate stocks are not just volatile, but more often than not even defy the principles of fundamental analysis and technical analysis.

Finance Realty Stocks, Real Estate Stocks, Real Estate Shares, Nifty Realty, Sensex Realty, Nifty Realty Index

Intrinsic value of a real estate stock subject to interpretation

There is no denying that the real estate stocks have always been high in demand for investors. After all, in a housing deficient country like India it has to constantly grow. Isn’t it? However, what is often intriguing is that some of the real estate stocks have much higher price point, compared to the industry peers with similar fundamentals, including the EPS and PE ratio. This raises a fundamental question as to what determines the price of the real estate stocks.

Company News Puravankara Quarterly Results, Listed Realty Companies, Stock Performance, Realty Index, Ashish Puravankara

Puravankara posts highest ever sales for September quarter

In an exclusive interview, Abhishek Kapoor, CEO of Puravankara said,”What is the value of a real estate? If you look at this quarter number compared to the last quarter number then my delivery is lesser. But next quarter again you will see a swing because next quarter and next to next quarter we have delivery in the pipeline. This year so far we have delivered 600 units but in the next two quarters we will deliver more than double; about 1500 units. So, that will factor in our revenue realisation. What is relevant for our business is our sales number & pre-sales number that has gone up to Rs 1300 crore for the first half of the year. It is all about the new accounting norms (IND AS 115),” says Kapoor.