Post poll stability may help realty
US-based Brahma Management, an FDI asset management firm focused on domestic real estate, said it expected commercial realty prices to rise 20-25 per cent after elections.
The company, which has invested about Rs. 2,500 crore in three upcoming projects, said foreign investors were awaiting policy clarity and stability in the emerging markets. “We expect stability post-elections and an upswing in the real estate market. There is a lot of money to be pumped in the market, both from foreign investors and domestic sources. We are bullish on the sector,” said Gulbir Singh Madan, Chairman, Brahma Management.