Real estate stocks continued their upward momentum on August 21, with several counters rallying up to 3 percent. The Nifty Realty index climbed over 1 percent in morning trade, hovering around 923, extending its winning streak for the fourth consecutive session. The index has now gained nearly 6 percent in the last eight trading sessions.

Key Drivers Behind the Rally

Market experts attribute the surge in real estate stocks to strong fundamental triggers. According to Pankaj Kumar, VP-Fundamental Research at Kotak Securities, listed residential developers delivered their strongest-ever quarter in Q1 of FY26. With a robust launch pipeline worth nearly ₹1.8 lakh crore, strong balance sheets, and low leverage, developers are seen as well-positioned for sustained growth.

Top Gainers in Realty Space

Leading real estate companies such as DLF, Prestige Estates, and Brigade Enterprises were among the top gainers, reflecting improved investor confidence in the sector. The positive outlook has encouraged buying interest, pushing the sectoral index higher.

Outlook for Real Estate Sector

Analysts believe the ongoing rally in realty stocks may continue, supported by rising housing demand, stable interest rates, and developers’ improving financial health. As institutional investors increase exposure, the sector is expected to maintain its growth trajectory in the coming quarters.