Nifty likely to hit 26,000 by 2025-end, current valuations not stretched, says Himanshu Kohli of Client Associates

Himanshu Kohli, Co-founder, Client Associates believes current Nifty level of 23,500 is reasonable, not stretched, valuations are elevated but not euphoric. Kohli predicts Nifty target for the year-end to be around 26,000. He also suggested that tactical corrections would be healthy and may offer better entry points. Investors should watch for profit-booking in overbought segments,…

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For DLF, luxury is the flavour of the season

At a time of rising penchant for luxury homes, DLF Ltd is on firm ground. The residential realty developer clocked pre-sales or bookings of ₹6,404 crore in the June quarter (Q1FY25), up more than 200% year-on-year. This whopping increase was driven by the launch of the second phase of the luxury project Privana West in New Gurugram….

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Budget 2024: How will removal of indexation benefits for property sales impact real estate?

In Budget 2024, Finance Minister Nirmala Sitharaman removed the indexation benefits previously available for property sales. Global brokerage house CLSA believes this move is negative for investments with shorter duration. The FM also announced a reduction in Long Term Capital Gains (LTCG) Tax on property sales from 20% to 12.5%. “With the rationalisation of the…

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Affordable housing thrust a big boost for the home finance sector

Lakshminarayanan Duraiswamy. The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. Last year, the sector registered remarkable progress, consolidating its position among various other sectors. And indeed, the Finance Minister…

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