Real estate stocks of Mumbai-based companies have been hitting lifetime highs on expectations that launches, steady demand, and price increases in the largest real estate market in the country would boost their financials.
Macrotech Developers (Lodha) and Oberoi Realty hit their all-time highs last week, while Godrej Properties came close to its 52-week high last month before witnessing a sharp correction.
While sales figures for the largest market in the country in the July and June quarter booking numbers were lower than the growth trends in the recent past, companies are bullish about their launch
Macrotech Developers (Lodha) and Oberoi Realty hit their all-time highs last week, while Godrej Properties came close to its 52-week high last month before witnessing a sharp correction.
While sales figures for the largest market in the country in the July and June quarter booking numbers were lower than the growth trends in the recent past, companies are bullish about their launch
First Published: Aug 07 2023 | 6:15 AM IST