This move would provide further boost to the affordable and mid-income housing segments, analysts said
In past 2 days, DLF surged 9 per cent after the company said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days.
'If there is an IT slowdown, we see demand consolidating with branded, listed players like ours as a flight to quality'
Among the realty pack, Indiabulls Real Estate trades in a bear grip, while Brigade and Phoenix Mills may see an upside of 14 per cent.