The real estate market will thrive in the next four to five years.

Sudip Bandyopadhyay, group chairman, Inditrade Capital, says, "We have been positive on real estate for some time now and continue to maintain our positive view. The total commercial area of the city of Tokyo is much larger than the entire India put together. So, in India, where GDP is growing at around 8%, the demand for commercial space will increase significantly in the coming years. We have already seen significant demand for both affordable and premium real estate, especially premium real estate.".

Let's start by discussing the automotive sector.

We talked about the October report and I think November will be even better because Diwali is coming and the festivities will continue.

Yes, absolutely right. There are a couple''Things: we had a period of shraddha in October, so obviously volumes were sacrificed to some extent. We expect those volumes to come back in November. Of course, there is Diwali, there is Dhanteras, there is Bhai Dooj and Bhau Bij and other festivals, so obviously a good result is expected.

One factor that I want to point out, almost all components of the automobile sector have performed well except for tractors. There was pressure on tractor sales for both M&M and Escorts Kubota, so we expect tractor sales to also start picking up on the back of rural income recovery and the start of the harvest season and money coming into the hands of rural consumers. So November should be a better month, and the overall numbers''The automotive sector in November, including tractors, should do better.

What's causing such interest in Vodafone?

There are reports that they are planning to exit Spain with a $5.3 billion sale to Zegona, but the shares are now at a 52 week high. Worth a look at this one?

Obviously at the meeting in Delhi where the Prime Minister was also present, I understand that Mr. Kumar Mangalam Birla mentioned capital investment and a lot of investment from Vodafone.

They have volumes, they have customers, they have systems and processes; what they've been behind on is investing in the business for some time, and that's quite a long time in this telecom business where things happen very quickly. They were also behind in terms of investment in 5G. They were losing customers every month and every quarter. Now those operational things need to be strengthened, capital needs to be put in, and things should start to improve. But I think the starting point is capital inflow, and the excitement around that has to do with shareholders starting to make the right moves on all sides.

What about the real estate market, and where is your preference? "

Generally, we have been for some time''investors to invest given the growth rate of the sector and that's why we are seeing an influx of money into the real estate sector.

We believe that both residential and commercial segments will grow in the next few years. You can look at the stocks of Phoenix, Macrotech, Oberoi Realty, Godrej Properties. One can look at NCR and DLF and for a long term investor even at current levels DLF looks good. Sobha and Prestige can be considered. There is no problem, you just need to remember that due to significant price rise, if you plan to invest for more than a year, these are good investments to consider.