Real estate optimism improves on economic stability: Knight Frank-NAREDCO
Both the current and future sentiment scores indicate that developers and investors are optimistic about the sector’s prospects.
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Both the current and future sentiment scores indicate that developers and investors are optimistic about the sector’s prospects.
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.
Following higher prospects in commercial space recently Rohan Lifescapes’ also closed a lucrative deal worth Rs 202 crore with Polycab India Ltd, for a commercial space nestled in The Ruby, the tallest commercial tower located in prime Dadar, which is already occupied by renowned MNCs.
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.