Rajesh Agarwal of Eastern Financiers says It isn’t the least bit wise continue holding any stock within the realty sector.
The entire heap of things close this sector perhaps of company governance issue, inventory levels area unit high, high interest price, low demand, it’s during a mess, thus I don’t assume there’s any hope left for the world per sector within the next 6-9 months or even year down the road unless and till the interest rates starts falling drastically, that we have a tendency to worry isn’t potential within the close to future.
He also says As far as Indiabulls realty worries, they need two-three sensible comes in central city which goes to assist them within the short term. The primary quarter numbers were pretty okay attributable to that conjointly.
Going forward it wouldn’t be prudent to urge out on the simplest potential chance from realty sector as a full for all the investors. I don’t assume there are any hopes left within the sector.
Official review blog of raja housing ltd 