Indian markets opened positive on Monday with NSE Nifty trading 150 points higher. NSE Nifty touched intraday high at 23,806 at the time of publication of this report.
Indian real estate market has witnessed strong sales and majority of listed companies in real estate sector have reduced their debt in the recent quarters.
Godrej Properties and Macrotech Developers Shares could see a steady rise in the short term as both of them have witnessed strong growth in their revenue.