India’s real estate business is one of the most globally recognised. After agriculture, real estate is the second largest sector after agriculture, making a significant contribution to the GDP. In 2020, it contributed 6.5-7 percent to the country’s GDP.
India’s real estate comprises housing, retail, hospitality and commercial. Between 2022 and 2027, the real estate segment is expected to record a CAGR of 15%. Like many other sectors, the real estate sector remained one of the worst hits and incurred a total loss of Rs 1 lakh crore. But post lockdown, the industry has recovered some of its lost ground, supported by solid demand.
Overview of the real estate sector of India
Let’s look at the market prediction before discussing the sector’s top stocks.
By 2040, the industry might surpass Rs 65,000 crore from Rs 12,000 crore in 2019. The industry is expected to cross US dollars 1 trillion in 2030 by market size, up from USD 200 billion in 2021, where it will contribute 13 percent of the GDP.
Real estate is one of India’s oldest sectors and receives more than 65% of the total invested wealth.
The unorganised sector largely dominates the industry. The organised real estate companies have less than 20% market share in large cities.
Which real estate stocks to buy in 2022
The last two decades were highly volatile for the Indian real estate sector. Despite that, several new companies have come up, which helped strengthen the industry. Let’s consider which real estate stocks you can buy in 2022 to bolster your portfolio.
DLF Ltd
They are one of the leading market players in the real estate segment with Rs 77,576 crore of market capitalisation. DLF Ltd is India’s oldest real estate developer with 75 years of market presence and 150 plus finished projects under its belt. It operates both in the retail and commercial real estate development spheres.
Before you invest, track DLF Ltd share price.
Godrej Property
The second on the list is Godrej Property which has a market capitalisation of Rs 32,997 crore. Godrej Property is the real estate arm of the Godrej Group that started in 1897. The company primarily focuses on developing residential properties in the north and west parts of India.
Godrej Property has total sales of Rs 1,824 crores.
Follow live updates of Godrej Properties share price in Angel One.
Oberoi Realty
The company has a market capitalisation of Rs 27,262 crore. The Mumbai-based company offers a diversified product portfolio in residential real estate, office space, retail, hospitality, and social infrastructure verticals. They have forty-two completed projects in Mumbai and several more coming up in Thane, Borivali, and Gurgaon.
If Oberoi Realty stocks are on your watchlist, follow Oberoi Realty share price.
Phoenix Mills
The real estate company is primarily engaged in the operation and management of malls. They also have a strong presence in commercial, residential, and hotel businesses.
Phoenix Mills is the largest mall owner in India, with properties spread across Mumbai, Bengaluru, Chennai, Pune, and Lucknow.
Phoenix Mills has a market capitalisation of Rs 20,436 crores.
Track live updates on Phoenix Mills share price.
Indiabulls Real Estate
The holding company is engaged in developing various real estate projects and allied services. They focus on the construction and development of residential, commercial and special economic ones.
Indiabulls Real Estate has a market capitalisation of Rs 3,889.23 crore.
Want to add Indiabulls stocks to your portfolio? Follow Indiabulls Real Estate share price.
Purvankara Real Estate
The India-based real estate development company primarily develops properties in luxury, premium and affordable categories. Purvankara has a market capitalisation of Rs 2,366.75 crore.
Before investing in the company, follow daily updates of Purvankara share price on Angel One’s website.
Conclusion
The robust predictions of India’s real estate market make it one of the desirable sectors to put your money into for long-term investment purposes. The above is our list of real estate stocks to buy in 2022. But we recommend that you research the stocks before investing.
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Disclaimer – This blog is exclusively for educational purposes. The securities quoted are exemplary and are not recommendatory
