Stocks to buy: 5 real estate stocks which Nomura remains bullish on

Real estate stocks saw sharp upswings and downswings this week, with Nomura highlighting that the performance of India real estate sector’s listed players was broadly in line with our expectations, despite Q1 FY27 being a volatile quarter on account of the Middle-East conflict.

Nomura named Prestige Estates as its top pick in the real estate sector. The shares of the company have gained over 2% in a week but fallen around 5% in one month. The stock is overall up a little over 1% in 2026 so far. In the longer term, the shares of the company have delivered 191% returns over three years and 390% in five years.

While Prestige Estates was named Nomura’s top pick, the international brokerage also liked DLF, reiterating its ‘Buy’ call on the stock. DLF shares gained 2% in a week but overall declined 2% in 2026 so far. In the longer term, the shares of the company have fallen more than 12% in one year, but gained 41% in three years and 120% in five years.

Oberoi Realty was also named as a stock which Nomura liked in the sector. The shares of the company have gained more than 2% in one week and 11% in 2026 so far. In the longer term, Oberoi Realty shares gained 14% in one year, 75% in three years and 188% in five years.

Lodha Developers shares have fallen marginally over the past one week, but gained more than 3% in one month and 15% in 2026 so far. While the stock is down 4.5% in one year, it is up 76% in three years and 190% in five years.

Aditya Birla Real Estate shares dropped over 3% in a month and 17% in 2026 so far, with the stock overall being down 23% in one year. In the longer term, the stock however delivered positive returns of 43% in three years and 82% in five years.

Nomura however has a ‘Hold’ rating on the shares of Godrej Properties. The stock has gained over 2% in one week but fell over 6% in one month. In the longer term, the shares of the company have delivered 31% returns over three years and 37% over five years.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)