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A survey of developers, investors and financial institutions, has shown that the Current Sentiment Index Score remained firmly in the optimistic zone
Mumbai: The Current Sentiment Index Score of the real estate sector has notched up to an all-time high of 65 in Q4 2021, according to a report by Knight Frank India.
Despite the Covid-19 pandemic continuing, the current sentiment index score of the real estate sector in the country rose to an all-time high of 65 in the October-December quarter of 2021, according to a report jointly developed by Knight Frank India, the Federation of Indian Chambers of Commerce and Industry (FICCI) and the National Real Estate Development Council (NAREDCO).
Real estate sentiment scores at a year-high in Q4 2020; 2021 outlook optimistic: Sentiment Index Geographically, the western part of the country saw the sharpest jump in future sentiment index. This zone’s Future Sentiment jumped to 66 in Q4 2020 from 47 in Q3 2020 Supportive measures from the government, RBI and the resultant pick-up in end -user demand has helped boost sentiment and given a fillip to the real estate sector. In fact, for the first time in 2020, the 'Current Sentiment Score' entered the optimistic zone at 54 points in Q4 2020, a significant jump of 14 points over the ...