Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets
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The NSE Realty index was the best performer among sectoral indices in CY19, with returns of 28.5 per cent. The returns from the Nifty during this period stood at 12 per cent.
The implementation of the goods and services tax, the Real Estate Regulation Act, demonetisation as well as liquidity issues, led to market share gains for organised players. Improving balance sheets and track record of ...
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