Luxury development boom stokes jump in Indian real estate shares

Indian real estate stocks are rising. Optimism surrounds strong pre-sales and luxury housing. Property shares have increased significantly since April. Investors are confident in a market turnaround. Developers are expected to report record pre-sales. New projects from DLF Ltd, Prestige Estates Projects Ltd, and Lodha Developers Ltd boost sentiment. Concerns remain about oversupply. Upcoming earnings season will be closely watched.

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