Monday, October 04, 2010

Investors Punish Shady Realty Business Stocks

It is a well known fact across the world that Indian Real Estate is a shady business backed by Politicians and Mafia Dons taking hardworking legal & ethical Indians for a ride. It may come as a surprise to readers of this article from else where in the world, but the fact is the Indian society has accepted the evil of Parallel Economy / Black Money and majority of the elected representatives are against curbing this.

Anyway, the main theme of our write-up is how Real Estate Stocks have Destroyed investors Wealth and are still far from their 2008 Highs. So I hope you now understand our bearish stand on the Indian Real Estate Stocks.
  • Anant Raj Industries - High 360 - CMP -148
  • Ansal Properties - High 400 - CMP - 95
  • Brigade Enterprises - High 300 - CMP - 150
  • DLF - High 800 - CMP - 386
  • HDIL - High800 - CMP -272 [Bonus 1:1]
  • IndiaBulls Real Estate - High 600 - CMP -180
  • Jai Corp - High 6000 - CMP - 256 [Suspended / Splits - Backed by Chela of Mukesh Ambani. Stay away]
  • Omaxe - High 400 - CMP - 144
  • Orbit Corp - High 400 - CMP -125
  • Parsvnath Developers - High 400 - CMP -145
  • Peninsula Land - High 800 - CMP -68 [Split ]
  • Purvankara Projects - High 400 - CMP -132
  • Sobha Develoeprs - High 800 - CMP -390
  • Unitech - High 180 - CMP -94
Just BUY one Dream Home as it is impossible to fight the Politician-Mafia nexus in Real Estate and continue to invest in other Diversified industries and profession for Growth and not Real Estate.

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