A STUDY ON EFFECT OF RERA ON REALTY SECTOR WITH REFERENCE TO SELECT REAL ESTATE STOCKS
Journal: International Journal of Management (IJM) (Vol.11, No. 9)Publication Date: 2020-09-30
Authors : Asif Ur Rahman;
Page : 1399-1404
Keywords : RERA; CAAR; Indian stock market;
Abstract
The present paper is focused on the impact of RERA act in Indian stock market listed reality stocks returns performance. The study mainly measured the listed equity real estate stocks before and after RERA act implementation with the CAAR and observed that after implementation period stocks returns performance is observed to be inferior compared with the before RERA period. The selected stocks impact on the reality index has been measured with the ordinary least square method the result reveals that the post impact is found to be higher
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