Real estate developers and financial institutions have shown increased optimism in India s realty sector over the next six months due to festive demand and the country s economic growth, according to the Knight Frank-NAREDCO sentiment index. Despite a slight dip in the current sentiment score, the future sentiment index ticked up slightly, reflecting stakeholder expectations of continued growth in the Indian economy and higher demand during the festive season.
It has scaled down, primarily because of the dark global economy and the current geopolitical risk due to the Russia-Ukraine war, , knight frank india, real estate
According to the Knight Frank-NAREDCO Real Estate Sentiment Index released on Thursday, the current sentiment score has declined marginally from 62 in Q2 2022 to 61 in Q3 2022 on account of the economic scenario playing out globally.
The Current Sentiment Index of real estate industry stakeholders, compiled after a survey conducted by Knight Frank and NAREDCO, rides high on the back of real sustainable home buying demand, and low interest rate galvanising underpinned value .