MS ON REAL ESTATE : 15.03.2022
* Pre-sales & new launches for Q4 highest in the last five to six years, recovery is becoming entrenched, says MS on Real Estate
* Pre-sales & New Launches For Q4 Highest In The Last Five To Six Years
* Real Estate Recovery Is Becoming Entrenched
* Overweight On DLF, Prestige & Sobha
* Equal-weight On Oberoi & Macrotech
• Underweight On Godrej Properties
JEFFERIES ON REAL ESTATE : 08.03.2022
* Housing Cycle Strength Continued In Q4
* Rising Developer Optimism Will Propel Supply To A 9-yr High In 2022
* Cos Don't Expect A Return To Oversupply Given Continued Consolidation
* Correction Ignores Infin Hedge Nature Of Realty Shrs & Improved B/S
* Preferred Developers With +ve FCF In FY23 Are DLF, Lodha, & Sobha
JEFFERIES ON REALTY : 06.01.2022
* Jefferies on Realty: Indian residential property cycle will enter its 2nd positive year in 2022* Indian Residential Property Cycle Will Enter Its 2nd Positive Year In 2022
* 8-yr Low Inventories & Affordability Imply 10% Ind Vol And 5 10% Price Hikes
* Office Occupancy Should Also Rise As WFH Reverses, Rental Uptick Could Be Lagged
* Any Rate Hike Driven Scare In Property Stocks Would Be A Buying Opportunity
* Godrej Properties, Macrotech Developers (Lodha) & Prestige Are Preferred Picks