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 positive68% 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.