After successfully dabbling in organised retail in 2006, Mukesh Ambani, chairman of
RIL has deep pockets and excellent execution skills. It has executed two large projects like the
RIL is sitting on a huge land bank with regard to its special economic zones (SEZs) in various locations. It could be putting that to commercial use for mega housing projects in the no-frills category. Low-cost housing has become the new mantra for realty players across the country.
Entry of corporate houses like RIL will be good for the market, as it will uplift the real estate sector into an industry. Every business house that enters the sector, be it Godrej, Mahindra, Piramal, Tata and now RIL, will help in making the procedures in the sector more transparent.crackcrack
| Company Name | CMP |
|---|---|
| Reliance Industries | 1314.55 |
| Indian Oil Corp. | 141.05 |
| BPCL | 292.65 |
| HPCL | 349.00 |
| MRPL | 170.90 |
| View more.. | |
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