Shares of Prestige Estates Projects (up 6.17 per cent), DLF (up 4.08 per cent), Godrej Properties (up 3.8 per cent), Phoenix Mills (up 2.85 per cent) and Brigade Enterprises (up 1.98 per cent) were among the top gainers.
While Oberoi Realty (down 1.18 per cent) and Omaxe (down 0.21 per cent) were the top losers in the index.
The Nifty Realty index was trading 2.85 per cent up at 347.95 around 01:22PM.
Benchmark NSE Nifty50 index was up 74.10 points at 14749.8, while the BSE Sensex was up 184.34 points at 49928.66.
Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red.
Shares of Vodafone Idea, PNB, Tata Motors, ONGC and Bank of Baroda were among the most traded shares on the NSE.
Shares of Hind Copper, Tanla Solutions, Hindustan Foods, ABB Power Product and JSPL hit their fresh 52 week high in today’s trade, while Sanwaria Consumer, Silver Touch Technologies, Marine Electricals (India), Globe Textiles (India), Mask Investments, Shradha Infraprojects, Thomas Scott (India) and Sri Adhikari Brothers Television Network hit fresh 52 week low in trade.