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Realty stock rise ups despite loss advertising

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Despite the huge advertisement of break of realty across the country, many leaders of the business have rose up with lucrative ratings at the country’s BSE. Sources reported at www.propertykhazana.com says that, leading Indian brands like DLF, HDIL, IVRCL Infra, Jaiprakash associates and Indiabulls Real estate marked tremendously well with 1.5 billion dollars. It was also noted that the share trading rose up to 4.7 percent hitting the index with 10,000.
This is shocking as well as encouraging as against many experts; the realty has shown a better performance during a harsh situation of economy. It now makes the realty ground more prone with new and existing investors for all the ranges of realty starting from residential to that of commercials. Toping the list, Delhi based DLF has marked their success story with rise of 15 percent amounting with Rs 4537 crore as added on www.propertykhazana.com.
Coming next to the toppers list is occupied by Jaiprakash Associates which rose up to 13 percent amounting nearly Rs 1338 crore. It is followed by Mumbai based HDIL and IVRCL Infra with Rs 325 crores and Rs 250 crores respectively. Head of research of Angel Broking has revealed that “it is a kind of skeptical rise for the leading brands since no proper response has been noted so far after many corrections of the property rates. The situation is also same for the rental businesses which are in the position of deep negotiation and it risky to go for more margins at such circumstances”. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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