Nifty Realty index sees the third-worst start to the year in a decade; Here are the worst performers

The Nifty Realty index has had its third-worst start to the year in the last decade. The index is down 8.2% in January so far as of Tuesday, January 20. The index was down 12.5% in January 2025 and 11% in January 2016.

Only three instances in the last 10 years has the Nifty Realty index managed to deliver positive returns in January, once in 2024, following 2020 and 2017.

This is also the tenth straight day of losses for the Nifty Realty index, which has now corrected 23% from its recent 52-week high.

Three constituents of the Real Estate Index, Lodha Developers, Godrej Properties, Brigade Enterprises are trading at 52-week lows as of today's session. For Signatureglobal, which is a recent listing, the stock has made a new post-listing low.

The quarterly trends presented by real estate companies for the December quarter, presents a mixed picture.

Stock	Bookings (₹ Crore)	Growth (YoY)
Sobha	2,115	12%
Lodha	5,620	25%
Keystone	837	-3%
Puravankara	1,414	17%
Signature global	2,020	-27%
Prestige Estates	4,183	39%
Oberoi Realty	836	6%

Signatureglobal reported earlier this month that the demand environment has turned soft and that it will not be able to meet its full-year guidance.

Prestige Estates highlighted that although demand has been strong, if the product is overpriced, there is trouble and that could lead to demand concerns.

Although shares of Oberoi Realty are down nearly 8% after its results, the management remains optimistic on the year ahead, stating that a strong development pipeline and prudent capital management keeps them bullish.

Keystone Realtors spoke to CNBC-TV18 last week, and stated that they have not seen a slowdown in any of the residential real estate segment.

The Nifty Realty index is down over 4% on Tuesday, with stocks like Signatureglobal declining 21% so far in 2026. Godrej Properties, Prestige Estates, Brigade Enterprises, DLF and Oberoi Realty shares have declined between 9% to 14% so far this year.

All constituents of the Nifty Realty index are trading with losses in 2026 so far.