DLF, Oberoi, Godrej poised for strong Q1 sales, says Morgan Stanley
Updated - June 26, 2024 at 10:04 AM.
The forecast suggests a muted first quarter for FY25 due to fewer project launches, with stronger sales expected from DLF, Oberoi Realty, and Godrej Properties
Morgan Stanley’s latest insights on the real estate sector favor Godrej Properties and Prestige Estates for their robust pre-sales growth momentum and attractive valuations.
| Photo Credit:
Andrii Yalanskyi
Morgan Stanley (MS) has highlighted the real estate sector’s outlook, favouring companies like Godrej Properties and Prestige Estates based on robust pre-sales growth expected in FY24/25 and their attractive valuations. The forecast for the industry’s first quarter of FY25 remains subdued due to fewer project launches.
Comparatively, MS expects stronger first-quarter sales from companies such as DLF, Oberoi Realty, and Godrej Properties.
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