The shares of real estate companies have seen sharp upswings and downswings recently, but analysts remain bullish on the stocks while listing key things to watch out for.
The Nifty Realty index has overall declined more than 2% in the past one month, closing at 907.95 on Thursday. Brigade Enterprises shares rallied 7%, while Aditya Birla Real Estate, Sobha, Lodha, DLF and other stocks gained up to 4%.