Optimism in India’s real estate industry touches decadal high in Q1 2024: Report
A recent report has highlighted that the optimism in the real estate industry stakeholders in India touched a decadal high in the first quarter of 2024. The rise was due to the stable economic fundamentals, sustained post-pandemic momentum, and increased transaction volumes. According to the Knight Frank-NAREDCO Real Estate Sentiment Index Q1 2024 (January–March) report, the “Current Sentiment Index Score”, which reflects the stakeholders’ current outlook compared to the preceding six months, touched 72 in the quarter, the highest in the last 10 years. Notably, in the previous quarter, it was 69.
