Neeraj Dewan highlights that real estate and stock markets often move in tandem, and the recent market correction has affected liquidity in the real estate sector. He observes that while property prices have not witnessed significant corrections, negotiations and discounts are becoming more common in select deals. He notes that expectations of a post-Diwali demand revival did not materialize as anticipated, though developers have managed to maintain sales and continue with new project launches. He believes that while it is difficult to determine whether real estate stocks have bottomed out, the sector may be approaching a phase of consolidation, making it worth considering for long-term investors.
He states, “Stock markets and real estate move in tandem. Though prices haven’t corrected much, we are seeing negotiations and discounts. Long-term investors can consider real estate if consolidation continues.”
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