Real estate stocks gain on report regulatory bill deferred

Reuters Market Eye - Real estate companies such as Unitech Ltd gains 4.3 percent, DLF up 3.6 percent.

The cabinet defers approval of real estate regulatory bill, according to media reports.

The cabinet on Wednesday deferred a decision on setting up a regulator for the real estate sector, dealers say.

($1 = 63.5150 rupees)

(Reporting by Abhishek Vishnoi)