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Property developers unfazed by declining realty stocks
Financial Express Delhi
|February 15, 2025
● Say overall market sentiment down
REAL ESTATE STOCKS have been among the biggest losers in the market this week, but top property developers say there is no cause for worry.
While the BSE Realty Index has fallen 9.39% this week, the benchmark Sensex has seen a 2.47% drop.
"Sales are robust and the sector is doing very well," said Boman Irani, chairman and MD of Rustomjee, a Mumbai-based listed developer. He added that the overall markets have been on the decline, which has also impacted realty stocks.
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FLERE HISTORIER FRA Financial Express Delhi
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