In the BSE Smallcap index, 60 percent of total 750 stocks were in the positive return on closing of April 16 and of which top 45 stocks rallied between 50-195 percent.
The aforementioned companies include marquee names such as RMZ Group, K Raheja Corp, Brookfield, Panchshil Realty and Godrej Properties.
Godrej Properties, Housing Development Finance Corporation (HDFC), Kajaria Ceramics, Seamec and SRF hit 52-week high on NSE.
The top Nifty gainers include Indiabulls Housing Finance, Tata Motors, IndusInd Bank, HDFC and Bharti Airtel while BPCL, Eicher Motors, Infosys, Tech Mahindra and Britannia Industries are the top losers.
The top Nifty gainers include Tata Motors, Eicher Motors, Bharti Airtel, Power Grid and IndusInd Bank while Bajaj Auto, Britannia Industries, Grasim Industries, HCL Tech and BPCL are the top losers.
In a statement, the Mumbai-based developer said "it has achieved its highest ever bookings numbers in Q4 FY19."
The January-March quarter of 2018-19 was Godrej Properties' best ever quarter for bookings, eclipsing October-December quarter, which was its previous best ever residential sales quarter, by about 50 per cent, it said.
The total land that will be developed comprises over 300 acres located across the prime markets of west and east Pune.
This portfolio would comprise of various asset classes including group housing projects, plotted development, mixed use development and township projects.
The breadth of the market favoured the advances with 1010 stocks advancing and 667 declining while 379 remained unchanged. On the BSE, 1286 stocks advanced, 1015 declined and 149 remained unchanged.
The research firm believes that the market risk is on the downside in near term, and there could be a lag in capex and housing recovery as well.
Deutsche said the impact of joint venture with Hero Cycles on near-term financials would be limited.
The joint venture will develop, lease, and manage around 1 million square feet of prime office and retail space on the 4-acre property.
During 2017-18 fiscal, Godrej Properties' sales bookings stood at record Rs 5,083 crore.
Godrej Properties added 2 new projects with 2.9 million square feet saleable area in quarter ended September 2018.
This deal is an outright purchase of land along with Godrej Fund Management, the Mumbai-based developer said.
Godrej Properties, the real estate arm of the Godrej group, said it has added a new luxury residential project in Noida, in the centrally located Sector 43.
Godrej Properties reported a 35 percent year-on-year fall (down 21 percent QoQ) in sold area and 44 percent YoY (down 22 percent QoQ) decline in booking value for the quarter.
Total income, however, rose 18.96 per cent to Rs 1,066.73 crore in the first quarter of this fiscal from Rs 896.71 crore in the corresponding period of the previous year, Godrej Properties said in a regulatory filing.
Godrej Properties has reported a consolidated total income from operations of Rs 996.73 crore and a net profit of Rs 34.30 crore for the quarter ended Jun-2018
Prashanth Tapse of Mehta Group said the impact of GST on macroeconomic indicators is likely to be very positive in the medium-term