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Godrej Properties, DLF, Sobha: What lies ahead for realty stocks?

Realty stocks such as Indiabulls Real Estate, DLF, Brigade Enterprises, and Godrej Properties, among others have rallied up to 43 per cent in the past one month whereas the Nifty Realty index has gained 18 per cent during the period.  According to a report by rating agency Crisil, home sales have risen to levels last seen before the lockdown in key markets, including Mumbai and Delhi. The note, released in November, said that some markets have seen even higher sales than before. Maharashtra, especially Mumbai, witnessed sales which were 10-30 per cent higher than the beginning of th.....

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