Real estate shares in focus; DB Realty, Kolte-Patil Developers up over 10%

Shares of real estate companies were in focus on Tuesday with the Nifty Realty index gaining more than 2 per cent in an otherwise subdued market.

D B Realty and Kolte-Patil Developers rallied 16% and 14%, respectively. Ganesh Housing Corporation and Ajmera Realty & Infra India were up 6% each. Prestige Estates Projects, Oberoi Realty, Godrej Properties, Unitech, Indiabulls Real Estate and DLF from the Nifty Realty index up in the range of 2% to 5%.

At 11:09 am, Nifty Realty index, the largest gainer among sectoral indices, was up 2.5%, as compared to a 0.21% decline in the