Nifty Realty Plunges 3%, Enters Bear Market; Godrej Properties, DLF Down 5%

• Nifty Realty Index extended its decline, falling close to 3% and 17% from its 52-week high, entering bear market territory.
• Godrej Properties, DLF, and Lodha Group stocks were among the top laggards, dropping as much as 5%.
• The realty sector's weakness contributed to a broader market selloff, with benchmark indices down nearly 1%.
• Keystone Realtors reported mixed Q3FY26 results: 13% YoY increase in area sold but 3% decline in pre-sales and collections.
• Analysts like Venugopal Garre of Bernstein foresee a potential recovery in Indian real estate stocks in 2026, citing easing interest rates.

Why It Matters: Nifty Realty Index entered a bear market with a 17% correction, but analysts predict a 2026 recovery.