ARCHIVES
VOL. 7, ISSUE 2 (2021)
Impact of RERA on financial performance: A study for selected real estate companies in India
Authors
Yagna Vyas
Abstract
The main objective of the study is to check the impact of RERA on the financial performance of real estate companies. The data has been collected from the selected top five BSE listed companies. The study has been carried out for eight years including pre and post period of RERA. For analysis total, five variables have been taken. The major findings of the study say that there is a significant difference found in pre and post share price and the net profit ratio of the company. For all other variables, the null hypothesis fails to reject. It is inferred in the company-wise analysis that there is a significant difference found in the solvency ratio of DLF, Godrej, and Prestige industries. In Godrej Properties Ltd. and Prestige Estate Projects a significant difference has been found between pre and post period with the liquidity position of the companies. In Oberoi Realty Ltd. and Phoenix Mills, the share price increased during the post-period as compared to the pre-period. Companies are required to focus more on liquidity as the idle funds are more in the post-period. Effective utilization of idle funds needs to be managed by the companies.
Download
Pages:49-52
How to cite this article:
Yagna Vyas "Impact of RERA on financial performance: A study for selected real estate companies in India ". International Journal of Commerce and Management Research, Vol 7, Issue 2, 2021, Pages 49-52
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.