India Real Estate & REITs Weekly Snapshot: 15 May 2026 By Arindam Bose ⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡ ⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡⬡ Opening Insight: Growth Narratives Finally Met Gravity For several months, Indian real estate stocks enjoyed an unusually forgiving environment. The market rewarded: launch pipelines, premiumisation, future guidance, FY31 targets, expansion ambitions, and long-duration growth narratives. The assumption was simple: If management promised growth— the market rewarded the stock immediately. That phase may be changing. Because this week, something important happened. Large-cap developers corrected together. Not because of panic. Not because housing demand collapsed. But because investors suddenly became more selective about: how much future optimism is already priced in. This week's tape increasingly suggests: the market is beginning to ask: "How much growth is already reflected in current valuations?" That changes everything. Because on...