Realty Check: Stocks from the real estate index can rally up to 25%

Most stocks in the real estate segment are set to add more gains in the coming sessions

The real estate sector has seen interest from traders and investors. Although it was hit hard by the pandemic, there are positive trends. The fear of a third Covid wave notwithstanding, real estate developers expect a 25 to 30 per cent jump in residential sales during the festive season. The reason being continued momentum in sales in the last couple of months due to stamp duty cuts in some states, lower interest rates, discounts and offers, demand for larger homes to accommodate work from home and so on. READ MORE

Amid this backdrop, the Nifty Realty index surged