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With varied fluctuation in realty show it has made many industry leaders go down in Bombay Stock Exchange (BSE). According to the source of www.propertykhazana.com both Unitech and DLF has gone deep downhill with low property sales and current statement of balance sheet. It was recorded lowest of the month which was touching the score of 1773.34 as compared to the reading of 296.65. It is a sharp indication of low growth of the industry which was one of the best sectors for investment – couple of years back.
Source of www.propertykhazana.com also reveals that the index on the BSE has observed a fall of 27 percent since January 6 as compared to the rate of 8.54 percent of Sensex for the same comparative period. A local brokerage firm states that “the investors are looking for a more slashing down of the realty rates for an affordable deal up to the range of 25 percent at least”. Apart from this even the rates of secondary homes has also gone down beating the expectation mark.
A counter look at the stocks of DLF reflects that the company has fall down to 5.4 percent with just Rs 11.6 as compared to the peak time rate of Rs 204.75 at the BSE. Same condition was with the Unitech as it is down by 5.2 percent and for Omaxe developers it was recorded a 5.3 percent fall. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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