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Real Estate

RERA, GST pull down Real Estate Sentiment Index for Q2 2017

The current score has reached the negative zone and Q4, 2015 levels.
A score of 50 represents a neutral view; a score above 50 demonstrates a positive outlook; and a score below 50 indicates negative sentiment.

Launches falling but outlook is positive

68% of respondents feel launches will improve in the next six months.

These positive sentiments are fuelled by the upcoming festival season and expected clarity on policy issues.

Residential prices may move up

59% of respondents say there will be upward pressure on residential prices in the next six months

Prices may move up due to increase in compliance costs after implementation of new policies

Residential sector fighting to stay afloat

68% of respondents feel it will take time for buyers to return to the market

Buyer confidence has been marred by project delays, non-deliveries, litigations, etc.

Source: FICCI-Naredco-Knight Frank Real Estate Sentiment Index covering 200 respondents. The index is based on a quarterly survey of real estate developers, private equity funds, banks and NBFCs.


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