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.