Sanjiv Bhasin from IIFL Securities feels that year 2021 will see strong performance from real estate companies that are performing better than peers and have strong balance sheet. DLF has registered better-than-expected performance during the last quarter. And, a revival in real estate sector in year 2021, will result will better valuations for real estate majors.

Maharashtra and Karnataka are considering reduction is stamp duty for real estate deals and this will be a positive move for short term for majority of real estate players.

In an interview with Economic Times, Bhasin said, “Hard assets like real estate will be the next trend setter. Mind my words, 2021 will belong to real estate and that is hard assets. DLF and Godrej Properties have been two of my large picks. Godrej from Rs 800, DLF from Rs 140 have been excellent performers.”

Godrej Properties has been favorite stock among market analysts for real estate sector. The company has performed well for many of its projects and with revival in sales post COVID-19 lockdowns, Godrej Properties could surprise markets with strong performance.

Bhasin added that from infrastructure sector, Siemens and Larsen & Toubro are among their top stocks.