(Bloomberg) -- Realty stocks in India have been on a roll this year as a slew of government measures draw investors back to an industry that was one of the worst hit by Prime Minister Narendra Modi's cash clampdown in November. The S&P BSE India Realty Index has risen four times more than the benchmark index this year, beating all the other industry gauges. Policies to support low-cost homes, allowing lenders to invest in property trusts and the setting up of a regulator to protect homer buyers' rights have enhanced the sector's appeal, said Sunil Subramaniam, chief executive officer at Sundaram Asset Management Co.
To contact the reporter on this story: Nupur Acharya in Mumbai at nacharya7@bloomberg.net.
To contact the editors responsible for this story: Divya Balji at dbalji1@bloomberg.net, Ravil Shirodkar, Margo Towie
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