Real estate will see consolidation: Subramanian

Head Investment Banking at ENAM, Dr Srinivas Subramanian opines that organized developers are just coming into play and he feels that the markets are going to undergo a complete transformation in the next five years, reports CNBC-TV18.

He believes that the growth opportunites in the real estate sector are significant and stresses on the fact that we should look at companies not from the NAV point of view but rather from the PE point of view.

Source: http://news.moneycontrol.com