After a sharp slump that dragged the BSE Realty index down 31% in 2018, the index has zoomed 14% so far in 2019. The real estate sector is undergoing considerable change over the last few years. A few high-end developers have gained at the expense of smaller builders, because of the Real Estate (Regulation and Development) Act, 2016, (RERA). It also cannot be denied that the real estate market has improved a tad. Sobha Ltd also reported robust presales in FY19 of four million sq.

Source: Mint April 21, 2019 19:18 UTC