Realty Sentiment Index Improves In Jan-Mar
Real estate developers and financial institutions are bullish on growth in the Indian real estate sector, as the current sentiment index improved during January-March with high optimism for the next six months, according to Knight Frank-NAREDCO. High economic growth and strong property demand are key factors for the improvement in their sentiments. Real estate consultant Knight Frank and realtors’ industry body NAREDCO on Monday released the Real Estate Sentiment Index Q1 2024 (January-March) report, which is based on a survey from supply-side stakeholders, showing an unprecedented surge in market confidence among the supply side of real estate.
