August 29, 2024

5 Real Estate Stocks Poised to Benefit from the Revised LTCG Rules

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📊 📮 In her budget speech last month, Finance Minister Nirmala Sitharaman made significant changes to the long-term capital gains (LTCG) and short-term capital gains (STCG) tax rules. 📮 The LTCG was increased from 10% to 12.5% for both financial as well as non-financial assets. The STCG on specified financial assets was also raised from 15% to 20%.

1. Macrotech Developers (Lodha)

Macrotech Developers, also known as Lodha Group, is a prominent player in the real estate sector. With the revised LTCG rules, investors are likely to consider long-term investments in stable real estate companies like Lodha, thereby boosting its stock value.

2. Godrej Properties

Another major beneficiary of the revised tax rules is Godrej Properties. Known for its residential and commercial projects across major cities in India, Godrej Properties is expected to see an influx of long-term investors who are keen to benefit from the real estate sector’s growth potential.

3. Prestige Estates

Prestige Estates offers a mix of residential, commercial, and retail properties, making it a diverse investment option. The company’s strong portfolio is likely to attract investors looking to maximize their returns under the new LTCG rules.

4. Oberoi Realty

Oberoi Realty, with its premium residential and commercial developments, stands to gain significantly from the revised LTCG rules. The company’s focus on high-quality projects will likely appeal to long-term investors seeking assurance of stable returns.

5. DLF

DLF, one of India’s largest real estate developers, is well-positioned to benefit from the changes in LTCG and STCG rules. The company’s extensive portfolio and market presence make it an attractive option for investors aiming for long-term capital growth.

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