Mumbai: Real estate firms' stocks gain post MahaRERA 20 Sep 2017 |
Mumbai-based realty firms FACT |
On BSE, stocks of Bombay Dyeing, Mahindra Life Space, Godrej Properties, Marathon Nextgen, and Oberoi Realty were higher by 20-148% last month and gained 7% in BSE Realty Index. The development was attributed to the opening up of more funding avenues for commercial realty projects. |
RERA would restore buyer confidence, say experts MahaRERA |
Edelweiss Analyst Harshal Pandya on MahaRERA FACT |
Harshal Pandya said: "The provisions of capital adequacy, full disclosures, and strict penalties should lead to greater transparency and increased customer confidence. This, coupled with favorable long-term fundamentals, should benefit the (real estate) sector." |
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