The construction sector in India majorly involves real estate, infrastructure, and urban development segments that are generally considered city growth segments. The real estate sector comprises residential, commercial, hotels, retail, and recreational parks. In contrast, the urban development sector is subdivided into smaller segments that involve water supply, transportation, healthcare, education, sanitation, etc. Over the last few years, many events have been conducted in India to help the construction and real estate sectors grow in the upcoming years.
Moreover, per the Union Budget of FY 2022-23, the Ministry of Housing & Urban Affairs has received Rs. 76,549.46 Crore as a total budgetary allocation.
Not only this, but the government of India has also taken multiple initiatives to improve the country’s real estate sector. One such great initiative is the ‘Pradhan Mantri Awas Yojna (Urban)’. This is the government’s flagship initiative that is highly focused on offering housing facilities for all people in urban areas by the end of 2022. Unexpectedly, the Securities & Exchange Board of India (SEBI) has also diminished the minimum application value for Real Estate Investment Trusts (REITs) from Rs. 50,000 to Rs. 10,000-15,000, intending to make the market more accessible to retail as well as small investors.
Another extraordinary opportunity for real estate firms is the government’s Smart City Project. This mission of the Indian government aims to drive economic growth and improve people’s quality of life by enabling the development of the local area. The project aims to build around 100 smart cities, for which a hundred cities have proposed an investment of roughly Rs. 2 lakh Crore.
Additionally, the redevelopment of 600 railway stations, 11 industrial corridors, and the extension of railway lines are a few of the major growth drivers of the real estate sector.
The complete tabular representation of the real estate trending stocks on the BSE and NSE that inspired investors with excellent returns of up to 1,200 percent can be found below.
Name of the Firm | Latest Market Cap (Rs. Crore) | YTD Returns(%) |
S&T Company | 189.68 | 1224.22 |
BigBloc Building | 903.25 | 105.81 |
Variman International Enterprises | 332.11 | 424.36 |
DB Realty | 3014.88 | 112.42 |
AGI Infra | 631.54 | 198.13 |
Supreme Holdings & Hospitality | 487.81 | 697.1 |
Marathon Nextgen Realty | 1188.38 | 139.75 |
Alpine Housing Growth Company | 147.76 | 231.26 |
Hazoor Multi Tasks | 80.74 | 195.18 |
KCL Infra Tasks | 112.17 | 195.22 |
These multi-baggers are expected to continue impressing real estate investors in the long run!