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Real Estate Q4 Results Preview: Oberoi Realty, Sobha Among HDFC Securities' Top Picks — Here's Why
HDFC Securities prefers mixed use developers with high FY26 growth potential and a large presence in end user driven market.
16 Apr 2025, 06:09 PM IST 
The Indian real estate sector continues to exhibit robust structural demand, although Q4 FY25 may reflect moderation due to certain approval challenges.
(Photo source: Spencer Quast for Unsplash)
Q4 FY25 is expected to reflect a moderation in momentum, driven by delayed approvals, slower conversion of Expressions of Interest to sales and a high base effect. While aggregate YoY pre-sales for the quarter are estimated to grow by ~16%, growth is visible across developers who secured approvals and launched projects during Q4 FY25 as the underlying demand remains resilient, particularly in core metro markets.
