HDIL a good stock to look at: Devang Mehta, Anand Rathi Financial Services

Devang Mehta, Head – Equity Sales Retail, Anand Rathi Financial Services, in a chat with ET Now talks about real estate.

Are you advising clients to look at real estate?

We are being very selective in real estate. We have just come out with a real estate sector report which caters to Mumbai realty. We are bullish on the construction business that is happening in Mumbai per se. HDIL, Orbit Corporation, DB Realty, these are some of the companies, which one can look forward for a one-year horizon in real estate.