India's Nifty Realty Index on path to recover Iran war-related losses; set for best week since 2021

Prestige Estates Projects

10/04/2026 09:02

** India's Nifty's real estate sector .NIFTYREAL gains 2.4%, hits over-one-month high

** Rate-sensitive index set for over 13% weekly gain - its strongest showing since September 2021

** Outperforming other sub-indexes for weekly gains, the index houses names such as Prestige PREG.NS, Lodha LODH.NS, DLF DLF.NS and Brigade BRIG.NS

** Index down 16.6% in March on Iran war-related losses

** FY27 expected to be launch-heavy for most players which will drive pre-sales growth; sharp price correction provides attractive entry points - HDFC Securities

** With Reserve Bank of India keeping rates steady on Wednesday, Anuj Puri, chairman, Anarock group noted steady rates means stability for current and future home loan borrowers

** For people buying homes, its good news and they can move forward with more confidence - Puri

** YTD, index down 13%; benchmark Nifty 50 .NSEI down 8%

(Reporting by Pranav Kashyap in Bengaluru)

((pranav.kashyap@tr.com; +919886482111;))