Is it the right time to buy real estate stocks?

After battling waning demand and a liquidity crunch, real-estate stocks recover thanks to the GST rate cut and sops   

Published 2 years ago on Apr 26, 2019 1 minute Read

Harsha Upadhyaya, CIO-Equity, Kotak Mutual Fund

Real-estate sector has been reeling under multiple troubles — muted demand, liquidity issues, rising cost of finance and regulatory change (RERA, cap on set-off of losses for multiple properties under IT, GST and so on). Issues such as sizable project launches without approvals and slower demand have led to significant cash-flow mismatch for developers. There has been a delay in completion of projects across the industry resulting in very high inventory levels in major micro markets


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