Realty sector future sentiment score scales up in optimistic zone

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Over the next six months, both the office and residential sectors will be backed by the resilience shown by the Indian economy.

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The Knight Frank-NAREDCO Real Estate Sentiment Index for January-March 2023 was revealed.

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The current sentiment score is safely within the optimistic zone, but has seen a marginal dip from 59 in the December quarter to 57 in the March quarter.

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This is mainly due to stakeholders' perception of the global recessionary environment, and the risk of a future global downturn still exists.

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