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Brigade Enterprises - Q4FY21 - Record quarter for residential sales - ICICI Securities

Brigade Enterprises - Q4FY21 - Record quarter for residential sales - ICICI Securities
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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Buy Brigade Enterprises; Target Of Rs 320: ICICI Direct

Buy Brigade Enterprises; Target Of Rs 320: ICICI Direct
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real estate stocks: Real estate stocks rally up to 4% ahead of Budget. Here're key expectations

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NEW DELHI: Shares of real estate stocks rallied in Monday s trade ahead of the Budget 2021.
At 10.15 am, shares of Prestige Estates were ruling 4.19 per cent higher at Rs 278.20. Phoenix climbed 3.54 per cent to Rs 774.30. Oberoi Realty advanced 3.19 per cent to Rs 543.50. DLF rose 1.92 per cent to Rs 260.30. Sobha, Godrej Properties and Indiabulls Real Estate added up to 1 per cent.
The BSE Realty index rose 47.69 points or 1.97 per cent to 2,466.21 and was the top performing sectoral index on BSE, thanks to high expectations from the Budget.
In case of real estate, a Rs 2 lakh rebate is available on housing loan interest rates under section 24 of the IT Act. There are expectations that this rebate could be increased to at least Rs 5 lakhs. If that happens, real estate stocks such as DLF, Godrej Properties, Prestige Estates, Brigade Enterprise, Ashiana Housing would be in focus. It would also be positive for building material players such as Kajaria Ce ....

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