HDFC Securities: India Real Estate Sector - Ripe For Consumption
An office worker walks through a building in front of an Indiabulls Real Estate Ltd. commercial building. (Photographer: Dhiraj Singh/Bloomberg)

HDFC Securities: India Real Estate Sector - Ripe For Consumption

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Report

Covid-19 has been a black swan event, which has hit the retail malls sector hard, both globally and locally.

In the near term, this has led to asset values correcting 35-40% with concerns on survival of the modern-day consumption format.

But consumption in the system remains subdued due to regulatory restrictions and personal safety preferences.

We believe we are a vaccine away from normalcy, and it will be a hard road over the next 12-15 months.

For well capitalized organized players, it is a blessing in disguise to be able to (1) build inorganic assets at high cap rates (2) optimize/relook capital allocation, and (3) further gain market share through consolidation.

Click on the attachment to read the full report:

HDFC Securities Real Estate Retail - Ripe for consumption.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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