Mark Twain once said “Buy land. They ain’t making anymore!".
This podcast examines the real estate sector in India which has been very muted over the last 7-8 years.
Sundar and Sathya discuss the opportunity presented by this sector as the economy turns around. In the first section they look at the various regulations and policies that were introduced over the last few years and their impact on the property market. They specifically analyze some of the key fundamental and technical parameters and its impact on the stock prices of 3 leading listed real estate companies: Oberoi Realty, Brigade Enterprises and Prestige Estates. Together these 3 companies control a market share of nearly 25-30%! Sundar looks at the macro events and moving averages that control the favorability of the sector and, specifically the three companies in question. And Sathya deconstructs the fundamentals and tries to spot chinks in Sundar’s assessment. Do they agree, disagree? Is Mark Twain right again? Tune in to find out!
