Three months back, if someone would have recommended real estate stocks, you would have thought he must be joking.
After the demonetisation drive in November, the real estate sector was left in the ruins as the worst casualty of the cash ban.
But you will be in for surprise if I tell you that the S&P BSE Realty index, the barometer of the real estate sector, has actually delivered 14 per cent return so far in 2017 and is up nearly 2 per cent since demonetisation.