<div>Sentiments are high in the Indian real estate market after Indiabulls Real Estate stock emerged as the top-performing scrip in the BSE small-cap space on Monday, surging nearly 17 per cent boosted by reports that the company's promoter Sameer Gehlaut will be hiking his stake by 10 per cent to 37 per cent by infusing capital worth Rs 538 crore.</div><div> </div><div>On Tuesday, shares of DLF also rose 3.3 per cent intraday after India’s largest realty firm resolved its differences with Blackstone by deciding to exit from Bengaluru property market, is speculations are to be believed. </div><div> </div><div>These positive developments in the sector are in the wake when the real estate market had taken a setback when the country’s two largest firms DLF and Unitech are still reeling under cash deficit. Unitech on the other hand is cash strapped; the company’s projects are getting g delayed for many months now and employees are not being paid. </div><div> </div><div>Analysts attribute these developments to the NDA government who they think after assuming power, have seen substantially shifting focus on real estate and infrastructure sector through budget allocations, new policies, new initiatives, various investment avenues. “These steps are expected to improve image of the real estate sector in India and as a result, will attract higher attention of investors who were sitting on the fence waiting for the situation to improve.,” says Shobhit Agarwal, Managing Director,Capital Markets, JLL India.</div><div> </div><div>Agarwal said adding, that in terms of equity, the stocks have lost sizable share of market cap so the improved interest combined with lower base should attract good returns for the investors. However, the returns will be steady and will be aligned with progress from government she said.</div><div> </div>
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