Shares of Mahindra Lifespace Developers Ltd.(up 0.64 per cent) and Prestige Estates Projects Ltd.(up 0.36 per cent) ended the day as top gainers in the pack.
On the other hand, Indiabulls Real Estate Ltd.(down 3.31 per cent), Sobha Ltd.(down 2.42 per cent), Godrej Properties Ltd.(down 2.19 per cent), Macrotech Developers Ltd.(down 1.53 per cent) and Brigade Enterprises Ltd.(down 1.33 per cent) finished as the top losers of the day.
The Nifty Realty index closed 1.21 per cent down at 565.25.
Benchmark NSE Nifty50 index ended down 159.05 points at 19742.35, while the BSE Sensex stood down 570.6 points at 66230.24.
Among the 50 stocks in the Nifty index, 15 ended in the green, while 35 closed in the red.
Shares of IOB, JP Power, YES Bank, Vodafone Idea and Suzlon Energy were among the most traded shares on the NSE.
Shares of Jindal Photo, KSB, Dishman Carbogen, Nava Bharat Vent.
and AVG Logistics hit their fresh 52-week highs in today's trade, while FutureLifestyleFash, Jiwanram Sheoduttrai, Pramara Promotions, Penta Gold and Vaxtex Cotfab hit their fresh 52-week lows.
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