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Can realty stock still make you rich ?

rajumohan's picture
Submitted by rajumohan on November 18, 2009 - 12:26

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About rajumohan

Author is Real Estate and Stock Investor located in Chennai India. Raju is investing Indian capital markets for past 9 years and manages more than 20 Cr of personal finances.

Submitted by dipak on November 25, 2009 - 03:04. #

I am not recommending any realty stocks to customers any more. Be it DLF , Akruticity or Unitech. There is possibility of some opportunity out there but risk is simply higher then rewards.

Real estate stocks had good run and investors and promoters made good money, but time has come when ivestors take a breather and see what's happening around us. Realty companies has tried to go beyond their limits and expand almost in all segemnts that is hurting them badly with books loaded of debt. Can low cost housing fix the problem. I don't think so.

In summary time for making money in realty stocks is gone .

 

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