Raja Venkatraman recommends real estate stocks for 16 February

Here are two stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Monday, 16 February.

Stocks to trade, recommended by NeoTrader’s Raja Venkatraman:

PHOENIXLTD: buy above ₹1740 ₹1675 target ₹1895 (Multiday)

PRESTIGE: buy above ₹1522 ₹1450 target ₹1637 (Multiday)

Key trends that have been observed in the real estate space in the last few months :

• Premium Shift: Registrations fell 8% YoY to 11,219 units in Mumbai Jan 2026, but stamp duty rose 2% due to larger deals; luxury housing launches exceed 300,000 units amid NRI demand.
• Gated townships boom: Rising safety needs drive integrated communities with amenities like schools and malls.
• Interest rate tailwinds: RBI’s 100+ bps cuts in 2025 revive mid-segment buyers; Prices rise gradually.
• Regional Hotspots: Mumbai leads revenue (14-year Jan high), South India (Bengaluru) diversifies; infrastructure boosts Tier-2 cities.

Promising stocks :

These companies leverage trends via strong pipelines, premium focus, and sales growth.

Lets try to get some perspective by comparing the above stocks with the Real Estate Index to find out how well they have perfor med in the stock market over the last few years.

investment pointers

• Focus on developers with ₹20,000+ Cr pipelines amid 15-20% sector CAGR​
• Monitor stamp duty as proxy for transaction value (eg, Mumbai’s resilience signals premium stability).
• Risks: Regulatory changes, rates reversal; diversify via REITs like Nexus Select for retail rebound.

Based on the above relative strength comparison we can note that the PRESTIGE ESTATE and PHOENIX Ltd has managed to outperform the Realty Index itself. With a focus on premium residential, gated townships, and commercial flex spaces for appreciation; Expect moderate price hikes in metros and suburbs. A summary based on the assessment has been shortlisted, these are worth considering from the real estate sector.

PHOENIXLTD (1735.50)

PHOENIXLTD: buy above ₹1740 ₹1675 target ₹1895 (Multiday)

• Why it’s recommended: The Phoenix Mills Limited (PHOENIXLTD) is India’s leading retail-led mixed-use real estate developer and operator. The company has transitioned into a premier developer of mega retail malls, commercial offices, hospitality assets, and residential properties across gateway cities in India. After a strong rise seen in last 3 years the past many months have been spent in consolidation between the TS & KS bands with lower levels showing some buying interest (label 1), we can look for the upward bias to sustain.

  The momentum indicators are suggesting that the trends are holding firm despite some lack of clarity that are emerging. The entire 2025 was spent in highly volatile environment with resistance levels capped at the trendline on higher timeframe (label 2). With the positive tailwind from the recent development, we can note that the strong closing above the trendline could generate a bullish momentum. We can note that the trends could now emerge as the overall prospects indicate a buying opportunity, consider going long.

• Key metrics:
  • P/E Ratio: 232.39
  • 52-week high: ₹1965
  • Volume: 5.09M

• Technical analysis: Support at ₹1600, resistance at ₹2000.
• Risk factors: Raw material price volatility, high debt levels, regulatory and geopolitical changes, and operational disruptions.
• Buy : above ₹1740.
• Stop loss: ₹1675.
• Target price: ₹1895. (3 Months)

PRESTIGE (cmp 1519.10)

PRESTIGE: buy above ₹1522 ₹1450 target ₹1637 (Multiday)

• Why it’s recommended: Prestige Estates Projects Ltd. is a major Indian real estate developer, founded in 1986, known for diversified projects across residential, commercial, retail, and hospitality sectors, with a strong presence in South India. With some help from the Budget and the trade deal the diversified portfolio strong earnings reported each quarter the prices have been able to absorb the profit booking and holding the 1200 levels on a larger timeframe (label 1).

  The revival has been slow and will look to unfold as the RBI infuses liquidity into the system through facilitating increased funding through banks. At the moment prices are demonstrating some slow and steady rise where recent dips are witnessing a sharp revival. The price candle seen in February 2026 is seen holding the lows for the last two months hinting at some revival in store. While volatility remains limited (label 2) there are signs that a recovery is due that we can consider for a push to higher levels. Go long now.

• Key metrics:
  • P/E: 679.10,
  • 52-week high: ₹1812.40,
  • Volume: 7.61M.

• Technical analysis: Support at ₹1225, resistance at ₹1800.
• Risk factors: Inherent cyclicality of the real estate sector, significant debt and high leverage concerns, and vulnerability to operational and execution challenges.
• Buy : above ₹1522
• Stop loss: ₹1450
• Target price: ₹1637 (3 Months)

Conclusion: India’s growing demand

India’s real estate market in 2026 is poised for sustained momentum, balancing residential dominance with commercial resurgence and infrastructure catalysts. Investors should prioritize on companies that are focusing on premium housing, flex offices, and infra-linked suburbs for optimal returns amid steady appreciation.

Raja Venkatraman is co-founder, NeoTrader. His SEBI-registered research analyst registration no. isINH000016223.

Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.