At 10:52 am, Nifty PSU Bank, Nifty Auto and Nifty Realty indices were trading higher in the range of 1 per cent to 1.5 per cent on the NSE
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing
Indiabulls Real Estate said the affordability of real estate is at a multi-year high with declining interest rates
The Maharashtra government has slashed premiums and levies charged on construction by 50 per cent, till December 31
For DLF, a "Higher High, Higher Low" formation on the weekly chart illustrates a firm trend ahead.
The company said the demand has remained consistent in all the cities where it operates in spite of uncertainties of the Covid-19 pandemic
Of the 143 stocks from the F&O segment, 10 have seen their market price more than halve in the March F&O series.
Sentiment was buoyed after the 23rd Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q42019 survey showed that the sentiment of the stakeholders in India have revived to the optimistic zone
The real estate sector has been struggling for the last three years and has not revived since demonetisation and the introduction of good and services tax (GST).
The Nifty Realty index outperformed the benchmark indices Sensex and Nifty on Thursday, surging as much as 2.30 per cent to 240.80.