I was going through an article in Business Standard, Yesterday (Nov 23, 2006). It was on how real estate stocks had fared during the last couple of years. The stock that topped the list had fetched 74900% returns (yes, not a typo…it’s 74900) in the last five-year period Nov 2001- Nov 2006.
The long lasting ‘ Real Estate vs Equity ‘ as an investment avenue coflict in my mind came close to a conclusion. I sort of realised that equity is a super set of real estate at times as you can invest in real estate through stocks & not vice versa.
(Nb: - interested in knowing the name of the stock.. That’s unitech…. the other stocks in the list had also fetched phenomenal returns. These Companies and their promoters should have gone crazily rich!! Thanks to the growth in need for commercial and housing spaces…)
The long lasting ‘ Real Estate vs Equity ‘ as an investment avenue coflict in my mind came close to a conclusion. I sort of realised that equity is a super set of real estate at times as you can invest in real estate through stocks & not vice versa.
(Nb: - interested in knowing the name of the stock.. That’s unitech…. the other stocks in the list had also fetched phenomenal returns. These Companies and their promoters should have gone crazily rich!! Thanks to the growth in need for commercial and housing spaces…)
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