With the real estate sector on the path recovery and growth amid positive developments, the realty stocks may deliver good returns going ahead, analysts said.
Speaking to CNBC-TV18, Dhirendra Tiwari, Head-Research at Antique Stock Broking said that the real estate stocks look attractive and can give returns of 25-30 percent in the next 12-15 months.
“Today, the cost of loans is probably the lowest in last two decades. The real estate affordability index is almost at a 25 year high. So, these two factors would make real estate a very interesting sector and we believe that this growth in the real estate sector should continue,” he said.
“So I think it is a good sector to be in. The sector is showing growth, cost of borrowing is decent and the overall recovery seems to be reasonably strong,” he added.
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(Edited by : Ankit Gohel)