I guess reality sector will take more time to recover than expected.
Everybody expected that housing loan interest exemption will be increased to 2.5/3 lakhs from current 1.5 lakhs.
That didn't happened. Nothing is there in the budget to boost the housing sector.
The 1.5 lakh limit was planned many years back when housing costs are very less.
Now 1.5 lakhs is too less as costs are very high.
More than that "honesty" of accounts of these companies are not known. Many reality companies always managed through black money.
They even give more discounts if you pay by cash (not all).
I feel these stocks are good for trading. Not for investing....................RAKESH MAKIN
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