Nifty Realty slips 2.5% as Godrej Properties, DLF, Oberoi Realty, Lodha Developers drag; what investors should know

Shares of real estate companies were trading lower on Friday, January 9, amid a weak market, with the Nifty Realty index emerging as one of the biggest sectoral laggards.

The Nifty Realty index slipped 2.5% to an intraday low of around 871. As many as eight of the 10 constituents were trading in the red, led by Godrej Properties, which fell 4.54%.

DLF declined 2.66%, and Oberoi Realty dropped 2.47%, while Prestige Estates Projects and Anant Raj were down about 2.25% each, making them among the top laggards. Further, Lodha Developers also slipped 2.17%, while Sobha and Brigade Enterprises also fell 2.16% and 0.72%, respectively.

On Tuesday, Lodha Developers had posted a 25% year-on-year (YoY) surge in pre-sales to ₹5,620 crore, its best-ever, during the reporting quarter, compared to ₹4,510 crore it had logged in the year-ago period. Its pre-sales grew 23% sequentially from ₹4,570 crore (or ₹45.7 billion) in Q2FY26, it added.

In the nine months ended FY26, the company’s pre-sales stood at ₹14,640 crore (or ₹146.4 billion), marking a 14% YoY jump from ₹12,820 crore (or ₹128.2 billion) in 9MFY25. The company stated that a strong momentum in its sustenance sales, along with a significant launch pipeline in the fourth quarter of FY26, will support the achievement of its pre-sale guidance of ₹21,000 crore (or ₹210 billion) for the year.

Over a week's time, the Nifty Realty index has declined about 3%, while it is down 1.1% over the last three months. On a year-on-year basis, the index has tumbled nearly 12%.

Meanwhile, Signature Global (India) and The Phoenix Mills were the only gainers and were trading higher by 0.82% and 0.4%, respectively.

Real estate sector outlook for 2026

The real estate sector is set to continue its steadfast growth journey marked by institutionalisation and diversification, supported by heightened consumption, steady occupier interest and an uptick in investor confidence.

Demand across both commercial and residential segments is expected to remain healthy, driven by evolving workplace models, rising homeownership, steady improvements in affordability and infrastructure-led connectivity enhancements.

Badal Yagnik, Chief Executive Officer & Managing Director, Colliers India, said, "Indian real estate is entering 2026 with stronger growth prospects and greater depth across asset classes. Industrial & warehousing demand will accelerate further as domestic manufacturing scales up and supply chains modernise."

At the same time, alternative asset classes, including data centres, co-living and senior living, will attract greater institutional interest amid demographic and digital shifts.

Additionally, with the expansion of REITs, SM-REITs & InvITs and a growing focus on quality, sustainability & technology-led development, 2026 is set to reinforce India’s position as a future-ready and globally competitive real estate market, Yagnik added.