As per the sources available to www.propertykhazana.com, realty stock meeting was held on Wednesday even as the market value of DLF Ltd. which is India’s well-known realty firm had crossed Rs. 1 Trillion. Company had kept its fingers crossed because the Central Bank must not hike the interest rates at the credit review. DLF scheduled itself on the stocks on July 5th as the company had increased to 3.27% on Rs. 18.70 on the Bombay Stock Exchange (BSE) at Rs. 590.45. Market limit reached to Rs. 1, 00,053 Crores merely earlier Wednesday’s final and had completed at Rs. 99,773 Crores in contrast to Rs. 96,575 Crores on Tuesday. Similarly, DLF and many other realty conglomerates were also in eager that the RBI might not increase the interest rates at its quarterly credit policy review in the month.
Further it is also added by the sources at the www.propertykhazana.com that newly started realty index has settled at 3.38% or 249 points up at 7,626.53 points as contrary to 7,377.53 on Thursday. Several real estate conglomerates observed hike in their shares and Unitech, 2nd largest real estate company had raised 3.06% at Rs. 545.20 and Indiabulls Realty appeared as the largest gainer because it had raised 7.03% to Rs. 501.40 on BSE. One more realty developers Parsvnath raised 1.94% to Rs. 383.25, as Mahindra Gesco raised 1.49% to Rs. 558.20 and only Anant Raj Industries was failure at the end with the loss of 0.29% at Rs. 1,290.
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