India’s Real estate Stock
Founded in 1980 by Mangal Prabhat Lodha (Chairman), Lodha Developers Pvt. Ltd. have more than 35 million sq ft under development. The real estate firm have been acquiring land over the years, as the combined debt of India’s listed developers shot up from Rs. 15,880 crore in 2007 to a record figure of Rs. 39,400 [...] Continue Reading »
Real estate in India likely to rebound within two years, according to Macquarie Group. India’s real estate stocks have attractive valuations after plunging 83% from their peak and are likely to rebound within two years. The Bombay Stock Exchange’s 14-stock Realty Index has dropped from its peak in January 2008, while the benchmark Sensitive Index [...] Continue Reading »
