Nifty Realty upside potential

The U-shaped recovery of the Realty Index indicates a strong upside potential. In the worst-case scenario, it may retest 534.2, with my first target set at 3647.05. Given their robust financials, Oberoi Realty and Lodha are likely to emerge as leaders. The industry is already experiencing strong demand in the premium segment, with supply constraints observed. Fresh launches are crucial at this stage, and the anticipated government capex could further accelerate growth in the sector