The 30th Edition of Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021 (July - September 2021) has cited that both the current and future sentiments of real estate sector have improved across all parameters in Q3 2021, on account of .
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The onset of the second major wave of the COVID-19 pandemic has led to a fall in future sentiments index in the real estate industry for the next six months but it still remains in an optimistic zone, according to a report.
As per the 28th Edition of Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q1 2021 (January - March 2021) Survey, the Future Sentiment score saw a decline from 65 in Q4 2020 to 57 in Q1 2021 due to uncertainties amid spread of a second wave of COVID - 19 infections.
However, it remained in the optimistic zone. The Current Sentiment score recorded a marginal improvement, inching up from 54 in Q4 2020 to 57 in Q1 2021. This improvement can be attributed to the healthy momentum in the commercial and residential real estate segments during Q4 2020 and during January - February 2021, Knight Frank India said.