Target-A-Year
For the real estate sector per se only those investors who have higher risk appetite and a long-term horizon should enter this sector because there are lot of good prospects and side by side there are lot of problems also with the sector with the interest rates going up, the land bank valuation going here and there. So unless and until you have a higher risk appetite and a long-term horizon you should not enter this sector."
Parsvnath Developers is in strong footing with presence in both residential and commercial sector. They have the contracts with DMRC (Delhi Metro Development) of the stations, malls, they are coming up with multiplexes, they are into SEZ at Gurgoan, now they have announced a roll out license for mobile telephony. All these speak well for Parsvnath and if the investor has a long-term view, one can certainly enter into this stock.
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