Nifty Realty Index

Going forward, the ability of developers to show growth on a high base of FY22 sales, and management of a weak macroeconomic environment along with rising interest rates would be the key monitorables

Real estate and automobiles, which were showing signs of a nascent recovery, will bear the brunt of higher interest rates

Real estate sales pick up. Know how to play the theme

After a decade of downtrend, rising investments in industrial and household segments, and sustained demand have brightened the outlook for the real estate sector. How should investors play the theme?

Over the last one year, developers' average cost of construction has risen 10 - 12 per cent, owing to higher input cost due to supply-side constraints

Nifty Auto, Nifty Realty, Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services indices were down in the range of 4 per cent to 5 per cent on the NSE.

Despite the over 10 per cent correction from its 52-week high, the BSE Realty index has outperformed the market by surging 57 per cent thus far in the calendar year 2021

At 01:05 pm, the S&P BSE Realty index, the top gainer among sectoral indices, was up 4.7 per cent

The Nifty Realty Index can soar up to 15% on hopes of a strong demand for housing this festive season

Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent

Most stocks in the real estate segment are set to add more gains in the coming sessions

Demand expected to pick up; deleveraging, consolidation are key triggers

The real estate sector is undergoing major consolidation as very few developers have the financial stability to undertake large capital-intensive projects, Oberoi Realty's management said

Going ahead, analysts at ICICI Securities expect consolidation across the industry with market share gains for larger incumbents across real estate asset classes

India recorded a massive surge of 1.69 lakh Covid-19 cases in the last 24 hours

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