India’s Real Estate Sector More Overvalued Than Stock Markets, Says Valuation Expert Aswath Damodaran
Renowned valuation expert and NYU professor Aswath Damodaran has raised fresh concerns about India’s economic landscape, stating that the country’s real estate sector is currently more overvalued than its stock markets. In a recent blog post and media interactions, Damodaran argued that while Indian equities are richly priced, the housing market has reached levels of…