Indian realty stocks rise after RBI's outsized lending rate cut

DLF

06/06/2025 10:29

Updates levels, adds comments

** Indian realty stocks .NIFTYREAL rise 4.8%

** RBI cuts repo rate by larger-than-expected 50 bps to 5.5%

** NIFTYREAL top sectoral gainer; was up 0.8% before RBI decision

** Knight Frank India MD Shishir Baijal expects rekindling of lower segments as affordability will witness meaningful improvement for homebuyers

** Arkade Developers MD Amit Jain sees rate cut fuelling positive sentiment across end users and investors and potentially leading to faster inventory offloads, greater momentum in new launches

** Says mid and premium housing segments will also see a boost

** Nine stocks on 10-member NIFTYREAL rise

** Godrej Properties GODR.NS, DLF DLF.NS top gainers, jump 7.11% and 6.41%, respectively

** NIFTYREAL down ~1% YTD

 (Reporting by Nandan Mandayam and Ananta Agarwal in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))