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Are we really seeing revival in the Realty sector?

Created by : Jyoti Rath, Sr. Associate, Barclays  | 09 14 2009 08:21:30 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Keywords : construction real estate realty stocks realty sector revival
Activity:  293 views;  last activity : 07 06 2010 20:18:09 +0000

The revival of fortunes in the real estate sector is now seeing many new players in this arena where the recent news suggests that the textile companies with huge land banks in their kitty are making a foray into the area of property development .

Among the names are Bombay Dyeing, Golden Tobacco and Century Textiles. There has been a precedent with groups like Tata, Mahindra and Godrej having turned developers. The Tata group has Tata Housing and Tata Realty while Mahindra’s venture is called Mahindra Lifespace Developers. Godrej’s venture goes by the name of Godrej Properties.

And many of these textile owners are having real good land banks in very good places across the country and that to in center of the city like mumbai and other prominent city spaces.

So what do you think guys is Revival really happening in Realty sector or what?

  
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Top Argument
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Yes the real estate sector is surely for revival, with funds flowing in after the recession gloom, most of the sectors on back to track to what they were doing best, and with India being the center of attraction being billed as one of the top emerging nations across the world is playing its part in all the sectors and realty plays a huge part as Infrastructure is needed to go with it and the Textile cos who had huge land banks across the country are getting into this business. This gives an indication that the Realty revival is happening and at a fast pace. And also the stock prices are also gaining momentum at this point of time.
By Jyoti Rath, Sr. Associate, Barclays  09 14 2009 08:24:18 +0000
 
Top Argument
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All these big companies develop premium quality properties which comman man cannot afford. I would appriciate if some company is developing properties for comman man. 
By Ramakrishna Perumal, Electrical Specialist Engineer,  09 15 2009 16:23:38 +0000
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Factors
By santosh kumar, Marketing Manager, AUTOMOBILE  | 09 24 2009 08:47:41 +0000
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as much as i can say is YES. not going to any statistics, i have observed recently some semi-dead projects getting life which proofs the positiveness of the title
By Kunal Das, Sub Assistant Engineer, Public Works Directorate, Govt. of West Bengal  | 09 18 2009 08:35:48 +0000
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Though I am not quite sure about rate and nature of uptrend, It seems like reality hit the bottom. Not only users, investors have also started to show interest and interest rates are softening. Also more foreign investments are expected in the coming months and the government is looking forward on infrastructure sector.
By Padmanabhan R, Articled / Audit assistant, Finance student  | 09 17 2009 07:48:05 +0000
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Realty sector picks up usually when the interest rates are low. The reason being on cheaper loans builders can make better profit. Now the rates are not that low and I feel it will pick up gradually. The price of properties I believe are moving up though.
By Mathew Cherian, Research Associate/Analyst, Western Michigan University  | 09 15 2009 18:10:37 +0000
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hi
By Selvakumar Ganesan, EDP Analyst, WIPRO CARE  | 09 15 2009 10:38:04 +0000
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As we all know real estate sector was hit very hard by the recent slow down. Banks & FI's were stopped lending to these sector due slow down and abnormal increase in prices of real estate in last few years.

However in last 18 months we have seen lot of correction in prices. But in last couple of month’s prices of real estate is again picking up as banks/F1's are started lending in these sectors but we require some more relaxation in norms for overseas funding.  

India has very big market of real estate and as per IBM survey "In India, 400 million consumers will demand new housing in the next 20 years — that’s more real estate than the United States has built since the Second World War.”
By Deepak Agrawal, Consultant, Independent Consultant  | 09 14 2009 14:41:38 +0000
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Why not ! nowadays investments are happening in realty sector and India is in the centre of attraction of the whole world right now. Many new organisations are entering in it. This clearly shows Realty sector is reviving.
By Esha Johar, Risk Analyst, Irevna  | 09 14 2009 12:37:07 +0000
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Many new players are entering real estate market e,g, India Bulls, TATA etc.It on premise that the demand of economical homes will see a rise in times to come
By santosh kumar, Marketing Manager, AUTOMOBILE  | 09 14 2009 09:14:13 +0000
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If I have to believe figures atleast past 6 months we don't have revival in sight.

In order to support what I am saying just would like to quote the outlook monet story http://money.outlookindia.com/article.aspx?262039
By Shailesh Vadalkar, Business Analyst, Al Rostamani Pegel LLC  | 10 11 2009 09:03:45 +0000
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Its population growth and rapid urbanisation which is taking place, due to which there is huge demand for shelter (i.e. one of the basic necessity), but such unplanned growth could be harmful for society as cost of living would be high plus scarcity of basic amenties from government. Hence proper co-ordination at varous levels is must, the government must plan better housing for people and improve infrastructure.
By ABHIJIT KULKARNI, Project Manager, BNP Paribas  | 10 01 2009 09:48:12 +0000
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Its only about 20 to 30 % of premium properties situated well in areas where is huge demand from HNI and upper class segment otherwise the BOOM which we have seen in 100% sector is still to waited.
By Dushyant Hada, Territory Manager  | 09 24 2009 08:30:02 +0000
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I still believe its premature to say that reality sector is on revival, though government induced credit subsidy but it will fail to have a near term impact on reality sector. Moreover the subsidy is only for the first year interest and housing loans upto 20 lakhs.
By Sahil mahajan, MBA/PGDM student, Lal Bahadur Shastri Institute Of Management, New Delhi  | 09 15 2009 18:52:38 +0000
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