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Stop Foreclosures >> We Buy Houses News >> We Buy Houses News: Ansal Housing looks very interesting in real estate space

We buy houses news


Wednesday, November 08, 2006

Ansal Housing looks very interesting in real estate space

Source: news.moneycontrol.com

Verma told CNBC-TV18,Within the real estate space Ansal Housing looks very interesting. Unitech announced admirable numbers far above even the most optimistic analyst expectations, even at the current valuation of 30 times plus the stock does not look expensive any which way if one look at their ambitious plans, most of which should fructify over the next couple of years and the very interesting space which is still relatively under researched is of course the infrastructure space.

Infrastructure space has beaten analysts expectations. Most of these companies have reported an collective revenue increase and EBITDA growth in excess of 40% despite rising commodity prices and the scenario going forward looks pretty decent because companies within communications space have given a revenue guidance to the tune of anywhere between 40-60% growth going forward.
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