The BSE Realty index-a gauge of real estate stocks-rose 4.2 per cent on Monday, extending its two-day advance to 7.8 per cent.
The latest gains came on the back of robust sales posted by realty developers in the March quarter of financial year 2022-23 (Q4FY23).
On Thursday, the rate-sensitive index had gained 2.9 per cent following the Reserve Bank of India's decision to pause interest rate hikes in its latest monetary policy review.