Property sector
Experts say rents are up because prices went up irrationally in several major markets. It has seen a 15-20 per cent rise in values over the past year across many markets, irrespective of the slowdown in the property sector. While buyers are in a wait and watch mood, the home rental market is headed north. [...] Continue Reading »
DLF has been downgraded by Citi from “buy” to “neutral” as target price has come down from Rs 266 to Rs 218. Currently, DLF shares have come down by 1.3 per cent to Rs 186.20. Citi group has added that there will be a wait for a pick-up in execution, sales and margins to become [...] Continue Reading »
