Indian real estate market has witnessed strong sales and majority of listed companies in real estate sector have reduced their debt in the recent quarters.
ICICI Securities has reiterated its BUY recommendation for SignatureGlobal India, maintaining a target price of Rs 1,905, implying a 24% upside from the current market price of Rs 1,536.
Godrej Properties and Macrotech Developers Shares could see a steady rise in the short term as both of them have witnessed strong growth in their revenue.
Hem Securities has suggested BUY rating on Oberoi Realty Limited with a target price of ₹2197, indicating a 16.12% upside from the current market price of ₹1892.