Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Prestige Estate Ltd, part of the real estate sector, has rallied more than 20% in a month, and the chart structure suggests that bulls are here to stay. Short term traders can look to buy the stock on dips for a possible target of Rs 800-850 in the next 3-4 weeks, suggest experts. The stock … Read more

Banks to remain a very strong sector overall for the Indian market: Ajay Bagga

Banks to remain a very strong sector overall for the Indian market: Ajay Bagga

“Real estate, after a 10-year down cycle, over the last one year we have seen real estate attraction picking up in the broader market and the stocks are also doing well,” says Ajay Bagga, Market Expert.We saw the broader market indices, they are at record highs and pockets like sugar, defence, they have been quite … Read more

Real estate sector poised for much better times: Nilesh Shah

Real estate sector poised for much better times: Nilesh Shah

” Real estate essentially is a sector which is really poised for much better times. We think with softening in commodity prices and inflation lowering, interest rates probably have either peaked out or are likely to kind of trend lower which I think is going to be a stimulus or a catalyst for the real … Read more

Meet Chandru Raheja, India’s richest real estate tycoon; Know about his $3.9 billion net worth, lifestyle & more

Meet Chandru Raheja, India’s richest real estate tycoon; Know about his $3.9 billion net worth, lifestyle & more

Chandru Lachmandas Raheja is an Indian billionaire businessman. He is the chairman of K Raheja Corp, a property developer in India. Chandru Raheja’s education Born in 1941, Chandru Raheja, India’s real estate tycoon is a law graduate from the University of Mumbai. Chandru Raheja’s career Chandru Raheja’s company is involved in developing malls, department store … Read more

2 sectors Digant Haria is bullish on for near term

2 sectors Digant Haria is bullish on for near term

“I will say that real estate is something which I would like to categorize in a rich man’s consumption and it is something which is still reasonable. We would all love to have Titans and Trents and Jockeys of the world in our portfolios but obviously the valuations are so rich that at best what … Read more

Manhattan median rents hit another high in March | CNN Business

Manhattan median rents hit another high in March | CNN Business

Washington, DC CNN  —  Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment as it did in March. Typically, rental activity builds from the spring to a peak in late summer, but median rent last month was the highest on record, according to … Read more

High quality opportunities available to play India’s domestic growth story: Pratik Gupta

High quality opportunities available to play India’s domestic growth story: Pratik Gupta

“Stick with the companies where the balance sheet quality is very good and there are honestly both large caps as well as some small midcaps which are niche city-centric players like in Bangalore etc. which are quite decent and where the sales growth is still going on quite well. And at least over there in … Read more

‘This is a social emergency’: Thousands protest in Portugal over housing crisis | CNN

‘This is a social emergency’: Thousands protest in Portugal over housing crisis | CNN

Lisbon Reuters  —  Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday in protest against soaring rents and house prices at a time when high inflation is making it even tougher for people to make ends meet. “There is a huge housing crisis today,” Rita Silva, from the … Read more

What the banking crisis means for mortgage rates | CNN Business

What the banking crisis means for mortgage rates | CNN Business

Washington CNN  —  Mortgage rates have taken would-be buyers on a ride this year — and it’s only March. Generally, home buyers can anticipate mortgage rates to move down through the rest of this year as the banking crisis drags on, which could cool down inflation. But there are bound to be some bumps along … Read more