**Realty Sector Update: Post-Budget Reaction** **Market Sentiment: Bearish** Real estate stocks faced heavy selling pressure on Monday, Feb 2, 2026, as the Union Budget 2026-27 fell short of industry expectations. The **Nifty Realty index** dropped nearly **2%**, weighed down by the absence of fresh incentives for affordable housing and a broader market sell-off triggered by the hike in Securities Transaction Tax (STT) on derivatives. **Key Losers** Developer stocks saw the steepest declines as hopes for GST rationalization and homebuyer tax relief evaporated. * **Macrotech Developers (Lodha)** plunged over **5%**. * **Godrej Properties** and **Sobha** registered losses exceeding **5%**. * **DLF** and **Oberoi Realty** also traded in the red, reflecting the damp sentiment across the residential segment. **REITs Outperform** In contrast to developers, Real Estate Investment Trusts (REITs) displayed relative resilience. The Finance Minister's announcement to establish **dedicated REITs** for monetizing assets of Central Public Sector Enterprises (CPSEs) was viewed as a structural positive. This move is expected to deepen the institutional market and unlock value in public infrastructure, supporting the long-term thesis for commercial assets despite the immediate gloom. ... [Budget 2026 market impact analysis](https://www.youtube.com/watch?v=Ussr9FZRVWg) This video offers a comprehensive breakdown of the Union Budget 2026 highlights and explains the sharp market reaction across key sectors, including real estate. http://googleusercontent.com/youtube_content/0