Realty boom! DLF, Godrej Properties can surge up to 15%, charts indicate

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

Shares of real estate companies have been on a roll off late with expectations soaring high of a strong demand this festive season. To add the festive mood, several lenders have already announced a rate cut on home loans. 

A survey by JLL–RoofandFloor said over 80 per cent of prospective buyers are likely to make a purchase within the next three months. Analysts believe that Tier 1 developers will gain market share, given consumers’ buying preference for reputed developers in under construction projects. READ MORE

After having posted the biggest single-day gain in over 4 years, and