Real estate stocks: The shares of real estate companies witnessed a great boom on 15 September today. The shares of Anant Raj, Presties Estates and DLF jumped up to 13 percent during trading. Due to this, the Nifty Realty Index jumped 2.6% to 908 levels, which is the highest level of its last 13 days. Three major reasons behind this boom in shares of realty companies are being considered-
1. US Fed Rate Cut hopes
The US Federal Reserve is scheduled to meet on 16 and 17 September. Experts believe that the Federal Reserve may cut interest rates this time amid weak employment data and pressure from Trump government. Recently, the US Labor Department released data, according to which till March, 9.11 lakh less jobs were created in the last 12 months.
2. UP Government’s new masterplan
According to the Times of India report, the UP government is preparing to bring new Common Building By-Logs for the Industrial Development Authority (Yeida), Noida, Greater Noida and Yamuna Expressway. It proposes to remove ground coverage limit and increase floor area ratio (FAR).
This will make the rules related to construction, increase investment and end the illusion arising from different rules of different authority. However, Moneycontrol could not independently confirm this report. If these rules are applied, companies active in this area like DLF and Godrej Properties can benefit a major benefit.
3. Support from Value Bing also
The Nifty Realty Index had already fallen by about 20% from its record high. In the last three months, this index has broken about 10% and in 2025 so far it has fallen by about 13%. After such a decline, there was a chance of valuing for investors, which led to a boom in the shares.
Which stocks saw a boom?
Anant Raj’s shares were the biggest bounce in real estate companies. Anant Raj’s stock rose by 13 per cent to Rs 604 during the trading. This fast has come after a proposal to give tax exemption to data center companies by the government.
The shares of Presties Estates rose about 3% during trading to a level of Rs 1,593. The DLF also rose by about 3% and was trading at Rs 779. Phoenix Mills, Godrej Properties, Oberoi Realty and Macrotech Developers (Lodha) also saw a jump of about 3%. The stocks of Sobha, Brigade Enterprises and Raymond climbed about 2% during trading.
Disclaimer: The ideas and investment advice given by experts/brokerage firms on Moneycontrol are their own, not the website and its management. Moneycontrol advises users to consult a certified expert before making any investment decision.