The BSE Realty index is up 3.6% (up 79 points) at 2,245. The index has surged almost 44% so far this month.
Realty stocks are once again in demand this morning. The buying interest in the sector can be related to hopes of revival especially the residential segment, after a downturn that began in the second half of 2008-09.
For more details read: City realty sector hopes to regain growth soon
Phoenix Mills and Indiabulls Realestate have soared around 6% each to Rs 104 and Rs 136, respectively.
Anant Raj and Unitech have rallied around 5% each to Rs 77 and Rs 56, respectively.
OMAXE has gained 4.5% at Rs 60. Ansal Infra, Orbit Corp and Sobha Developers have moved up around 4% each to Rs 36, Rs 73 and Rs 104, respectively.
HDIL, DLF, Peninlusa Land, Parsvnath are up 1-3% each.
Akruti City, however, has shed 5% at Rs 421.
However, analysts expects profits to be lower in Q4.
Meanwhile, the main index of the Bombay Stock Exchange, the Sensex, is up 120 points at 11,143.
