“Pankaj Pandey advises against turning negative on the real estate sector, noting that interest rates remain at lifetime lows and the recent correction has priced in considerable risk, with most companies trading below NAVs. However, he stresses the need for selectivity, acknowledging potential softness in residential pre-sales and not expecting major fireworks this quarter.”

Pankaj Pandey’s track record: 10 graded calls · 95% CI 2–40%