Nifty Realty may retest 2008 highs despite 20% drop: Analyst
Nifty Realty has fallen 20-25% in a year after a 600% post-COVID rally, but analyst Sumesh Guleria sees scope to revisit 1,800-1,900 highs from 2008. Premium developers report steady demand, with strong project launches and healthy sales. He views the cycle as entering a mature phase, not ending, with earnings a key near-term trigger.