Low inventory, better returns, undervalued shares: Should you home in on southern realty stocks?

When Chirag Shinde (name changed), an IT professional from Mumbai, decided to move to Bengaluru to work for a telecom-software company in 2002, his parents advised him to buy a house. Eventually, he managed to buy not one but two — Bengaluru in 2008 and Pune in the following decade. Interest rates were low and his income was stable and growing. It made sense to put in money in real estate in the two cities, as base prices were far lower compared