Realty stocks ...

Hi All,

Just now there was an IPO of oberoi realty which I wanted to take since the profile looked good, but I missed to take advantage as I missed the dates due to office commitments ! Now I am sad because the stock has done well in two trading sessions, it already gained like 30 Rs (+10%)!!

One more company is going public and that is lodha developers, I think that is good bet too since they are planning biggest residential tower in world (to be built in mumbai) and has good projects coming up etc ..

What do make of it, can you invest in such stocks and actually get the benefit of the red hot realty industry of mumbai and other metropolis ?

Hope to gt your views on the same...


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