InvestorQ : What is the reason for real estate stocks rallying so sharply in last few months?
Anamika Sodhani made post

What is the reason for real estate stocks rallying so sharply in last few months?

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Angel dcosta answered.
5 months ago
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BSE Realty Index touched a 10-year high on hints of demand recovery in residential realty. Even, unsold inventory fell sharply in the Jun-21 quarter. IBREL was up 14% while Macrotech was up 6% on Monday. Even the stock of Mahindra Lifespaces rallied 11%. Other realty players like Suntech Realty and Godrej Properties also saw smart gains. The latest trend is that consolidation is making the industry structure tighter.

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