Sectors to get a boost with the new government would be the Realtors, which from renewed home buying and government contracts after the wining in the elections. It was really a bad time for the reality stocks and they have been badly hit, over the last nine months. This situation has freezed many constructions and new buying was also halted by the customers to a greater extend.
In India affordable housing is under supplied only, an estimate by Goldman Sachs report states that more than 30 million units are needed due to the growth of the rural areas. Since March 9 the reality index has risen over 140% till date from its low of 1297.82 points. The new govt is expected to make quicker decisions with speedy implementation and with less excuses, and fund the projects that are slow and bring in cash flows for the new projects.
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