Real estate sector outlook positive for next 6 months as sentiment turns optimistic: Report orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Sentiment in real estate turns optimistic in Oct-Dec; outlook for next 6 months positive: Report
A survey by Knight Frank India-FICCI-Naredco showed the Current Sentiments Score , for the first time in 2020, entered the optimistic zone at 54 points in Q4 (October-December) 2020, a significant jump of 14 points over the previous quarter.
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The sentiment in the real estate industry turned optimistic during
October-December 2020 and the outlook for the next six months is positive on the back of revival in demand for both residential and office properties, according to a survey by
Knight Frank India-FICCI-Naredco.
The 27th edition of Real Estate Sentiment Index Q4 2020 survey of developers, banks, financial institutions and private equity players operating in the sector was released on Monday in a video-conference.
The National Real Estate Development Council (NAREDCO) has recommended the government take up tax rationalisation measures in the upcoming Union Budget to boost the pandemic-hit real estate sector of the country.On Thursday, the industry body .
New Delhi: Industry body Assocham Tuesday urged the Centre and farmers’ organisations to resolve the impasse over the new agri laws, saying that the protests are inflicting a heavy blow to the economies of Punjab, Haryana, Himachal Pradesh and J&K.
“A daily loss of Rs 3,000-3,500 crore is resulting in the economies of the region from the value chain and transport disruption because of the protests,” according to a rough estimate by the chamber.
Assocham President Niranjan Hiranandani said, ”The size of the combined economies of Punjab, Haryana, Himachal Pradesh and J&K is about Rs 18 lakh crore. With the ongoing farmers’ agitation and blockade of roads, toll plazas and railways, the economic activities have come to a halt.”
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