While the recent geopolitical disturbances have certainly affected the Current Sentiment Index Score resulting in a modest decline, the resilient Future Sentiment Score reflects the enduring confidence in the Indian real estate sector’s potential.
It is reassuring to note that despite certain challenges, stakeholders across different zones have maintained a positive outlook for the next six months. The significant rise in the Developer Future Sentiment Score, the highest in the past 11 quarters, is testament to the unwavering spirit of the real estate community. Similarly, the growing confidence among non-developer entities such as banks, financial institutions, and PE funds, signifies a strengthening belief in the sector's ability to navigate through uncertainties.
The upbeat residential market outlook, propelled by festive fervour and increasing sales and pricing parameters, underscores the sector& resilience in the face of volatility. Equally promising is the buoyancy seen in the office market, with stakeholders foreseeing a surge in demand, leasing, supply, and rents, despite the global economic concerns and recent geopolitical disruptions. We remain vigilant in monitoring market trends and will continue to work towards fostering a conducive environment for the industry’s long-term prosperity.