India, Oct. 31 -- Real estate stocks have exhibited both gains and losses in the last three years, with certain listed developers performing well, whereas others have incurred losses. The best performer among the stocks is Phoenix Mills, which returned 115%, followed by Prestige Estates Projects with 88% and Sobha with 67%. The differentiating factor between the company and other developers is its unique strategy based on retail operations.

Three-Year Returns: Phoenix Mills Outperforms Realty Peers The three-year share-price returns supplied for the selected real estate companies show a wide gap in performance. Phoenix Mills gained 117%, followed by Prestige Estates Projects at 96%, Sobha at 62% and Oberoi Realty at 48%. Lodha Developers...