Robust launches to drive growth momentum for Oberoi Realty in FY22

The company is the top pick of brokerages in the realty space

Oberoi Realty is expected to be a key beneficiary from the rebound in residential real estate in FY22 owing to inventories nearing completion and a launch portfolio. After a decline this financial year, experts expect the residential segment to post robust growth, with the organised segment consolidating its gains.

Analysts led by Abhishek Shukla of India Ratings and Research expect residential real estate to stage a sharp K-shaped recovery in FY22, with the overall floor space sold likely to increase by 30 per cent y-o-y in FY22.

The gains come after an estimated 34 per cent decline in FY21. The recovery, according