Realty stocks once again in the limelight.

One of the flats in Mumbai(Worli) measuring approximately 3640 sqft in size was sold in auction at a whopping 37crs.

This one event has helped realty stocks that were sluggish past almost a year to shine again.

But this story will only last a couple of weeks/months as

1. Monsoons will set in next 2-2.5 months
2. In a rising interest rate scenario, realty will take a beating.
3. Housing sector has revived a bit but commercial property is still sluggish.
4. Volumes have not picked up yet.

Surely one can play this sector, but dont get greedy and book your profits early.