总出场：2
分析师首次亮相：2013年
美国银行Merrill Lynch'sAbhishek Kiran Gupta.将一个位置滑到第三名。Although India’s real estate shares fell 25.6 percent over the 12 months through late October, against the domestic broad market’s rise of 24.3 percent, the analyst is sanguine about the outlook for the group, in part thanks to improvements in debt levels, cash flows and execution. Gupta also expects the new, prodevelopment Narendra Modi government, which took power in May, to announce policies in its budget for the fiscal year beginning next April that promote affordable housing expansion and the use of real estate investment trusts. “The upcoming property cycle will be led by volume growth, triggered by favorable policies and infrastructure development,” he says. Oberoi Realty, based in Mumbai, and Bangalore’s Prestige Estate Projects are the researcher’s top picks. Both developers have maintained strong execution track records, and he expects them to outperform their peers over the next two fiscal years in growth of property presales, after-tax profits and cash flows. In addition, Gupta projects that revenues will increase by more than 25 percent for both Oberoi and Prestige over the next three years.