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Estate Sentiment Index January March News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Realty sector future sentiment score scales up in optimistic zone

Realty sector future sentiment score scales up in optimistic zone
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Covid-19 second wave hits realty sector future sentiment, vaccination progress eyed

Covid-19 second wave hits realty sector future sentiment, vaccination progress eyed SECTIONS Share Synopsis The Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index January-March 2021 Survey saw a decline in future sentiment score to 57 from 65 in the December quarter owing to uncertainties resulting from the spread of a second wave of Covid-19 infections. However, it remained in the optimistic zone. 3,029,815.0 The onset of the second wave of the pandemic has influenced the future sentiments of the real estate stakeholders in the country despite higher sales momentum and rise in institutional investments witnessed in the last few months. The progress in Covid19 vaccination drive is expected to dictate the trend hereon.

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