DLF, Oberoi Realty, Phoenix Mills, Kolte Patil to Sobha – Know HDFC Securities prime picks in realty sector

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Pandemic triggered broad-based recovery in the real estate sector. Contrary to the expectations of adverse impact on the sector, given prolonged lockdown, liquidity crisis, and limited government ammunition for fiscal incentives, real estate recovery has surprised positively. While the sector as a whole continues to see muted growth, the pandemic has accelerated market share gains for branded Tier 1 players. The entire ecosystem viz. landowners, financiers, suppliers, buyers and contractors are all backing the organized segment, and on the other side, challenges remain for Tier 2 developers.

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