Realty

Future sentiments to stay positive but not bullish

FICCI-NAREDCO-Knight Frank India has unveiled the major findings of the Real Estate Sentiment Index for Q2 2017 (April–June 2017).

Findings of the Report:

The current sentiment score has gone in the negative zone and has reached Q4 2015 levels. There was confusion among stakeholders in regards to the ongoing projects in regards to implementation of RERA act and GST implementation.

The sentiments will remain positive, but not bullish.

OPTIMISM REIGNS OVER FUNDING SCENARIO
About 62% of the people thinks that the economy will see better results going ahead because of the major policy reforms.

RESIDENTIAL SECTOR SENTIMENT FIGHTING HARD TO STAY AFLOAT

In regards to residential launches, there is slight recovery in Q2 2017 as 68% of the people thinks that launches will improve in the next six months. There is also a drop in residential sales sentiments in Q2 2017.

OFFICE MARKET – PRESSURE ON DEMAND AND SUPPLY PLAGUE THE OFFICE MARKET

About 64% of the stakeholders thinks that over the next six months, there will be a major challenges in new office supply due to delay in projects, while Office leasing has been doing good in the past few years.

 

Administrator

Share
Published by
Administrator

Recent Posts

Teen Patti – Tips to Ace the Game

Online games are available in many forms and types including online gambling and sports betting.…

3 years ago

4 Marketing Tips to Improve Your Online Presence

We live in a digital world, and every business, whether it's a brick-and-mortar shop or…

3 years ago

Technology can serve as a lifeline during these times

There is no denying that the pandemic has been rough on everyone. We have had…

3 years ago

Initiating an Online Business Presence

Building your online presence can be challenging for both newcomers and the already initiated, but…

3 years ago

Online Smartphones Sales Hit High

The smartphone market offers a variety of smartphones from brands both well and less known…

4 years ago

How to Spend Your Free Time Productively

After a hard day’s work, you probably like to kick back on your couch and…

4 years ago