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How to look at valuations of real estate stocks? Pankaj Kumar answers
Pankaj Kumar says: “ Between 2012 and 2021, the prices were not moving much. In the last one and a half years, we have seen that the prices have moved up. Over a longer period, the prices are still attractive. From the last 10 years’ perspective, the price rise is expected to be in line with inflation so that cost inflation does not impact demand.”