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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