For the second consecutive quarter in 2024-25 (FY25), the real estate residential sector saw fewer launches, and inventory sales fell short of expectations. The slow pace of launches led to weak performance from listed developers during the July-September (Q2) quarter of FY25.
This drop in sales caused the BSE Realty index to underperform the S&P BSE Sensex in recent months. The realty index fell by 10 per cent from its peak on September 26, while the benchmark index has dropped by 7 per cent over the same period. Despite this, brokerages remain confident about major real estate firms, highlighting a solid launch pipeline for the second half (H2) of the financial year, manageable debt levels, and the possibility of rate cuts as potential drivers of recovery.
Denne historien er fra December 02, 2024-utgaven av Business Standard.
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Denne historien er fra December 02, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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