The Nifty Realty index closed 0.56 per cent at 952.25.

Stock market update: Nifty Realty index 0.56%

The Nifty Realty index was trading 0.84 per cent at 954.90.

Stock market update: Nifty Realty index 0.84% in a weak market

The Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aiming to provide relief for homebuyers. The proposed changes prioritize timely possession of units, ensure fairer claim valuations, and increase transparency for homebuyers invested in projects undergoing insolvency proceedings.

Realty insolvency reforms to push for streamlined solutions for homebuyers, lenders

The Nifty Realty index closed 1.03 per cent at 946.95.

Stock market update: Nifty Realty index 1.03%

The new registration policy in Noida promises to bring in transparency, accountability, and security to an otherwise complex real estate market, thus reducing risks for the buyer, especially in the resale sector.

Noida Authority’s New Registration Policy: A Step Toward Simplifying Property Buying? - News18

India’s real estate sector is experiencing a surge in sales. Mid-sized firms are making a comeback. These firms are focusing on niche developments and catering to changing consumer preferences. The revival follows a period of consolidation after regulatory reforms in 2017. Mid-sized firms are capitalising on the increased demand for residential properties in major cities.

Mid-sized developers construct a comeback amid real estate boom

The Nifty Realty index was trading 1.07 per cent at 947.25.

Stock market update: Nifty Realty index 1.07% in a weak market

China announced new tax policies on Wednesday to bolster its struggling property market. The measures include enhancing deed tax incentives for homebuyers and reducing the minimum prepayment rate of land value-added tax for real estate companies. These actions aim to stimulate housing demand and ease financial pressures within the sector.

China announces tax policies to boost property market: state media

NAREDCO Maharashtra NextGen and Brigade Real Estate Accelerator Program (REAP) have joined forces to bolster innovation in India’s real estate sector. This partnership will utilize the Earth Fund, a Rs 200 crore Proptech Venture fund, to support emerging entrepreneurs in PropTech by providing funding, mentorship, and strategic guidance.

NAREDCO Maharashtra, Brigade REAP to support proptech startups with Rs 200 cr fund

The Nifty Realty index closed 0.18 per cent at 967.95.

Stock market update: Nifty Realty index 0.18%

The desire for premium real estate has increased as evidenced by the significant growth in sales of premium residences priced at Rs 1 crore and above, which accounted for 41 per cent of total sales in H1 2024.

Shifting Homebuyers’ Preferences Boosting India’s Luxury Real Estate Market - News18

Nifty Realty Index is designed to reflect the performance of real estate companies that are primarily engaged into construction of residential and commercial properties. The rescheduling of index constituents happens bi-annually every year.

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