Realty Index witness selling pressure on Wednesday and at around 11:10 am, it was trading at 378.70 down 2.10 points or 0.55%. The index has touched a high of 381.20 and low of 378.05 during intraday trade.
Meanwhile, BSE Sensex was trading at 52,856.39 up 86.66 points or 0.16% and Nifty50 at 15,820.30 up 7.95 points or 0.05%.
The realty index was performing in the red where 7 scrips were on a declining note.
Oberoi Realty shed over 2% to emerge the biggest laggard in the sector.
Sobha shed 1.47% at Rs568.80 per piece while Sunteck was tumbled by 1% at Rs355.50 per piece on the index.
Godrej Properties and Phoenix was 0.57% and 0.29% respectively on the downside. Indialbulls Real Estate was 0.18% lower while DLF was trading flat.
However, on the upside, top gainer Hemisphere Properties was trading at Rs151.65 per share higher by 1.61% to lift the sector a little.
Brigade and Prestige were also marginally up to support the sector.