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Sobha, Indiabulls Real Estate gain up to 5% as FM hints at booster dose
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).
Real estate shares in focus; Prestige Estates, Oberoi Realty up over 5%
Nifty Realty index, the largest gainer among sectoral indices, was up 2%, as compared to a marginal 0.07% rise in the Nifty 50 index at 12:05 pm.
Nifty Realty index 33-month high; Indiabulls surges over 10%
Indiabulls, Godrej Prop, DLF, Prestige Estate, Dilip Buildcon and Ajmera Realty hit 52-week highs