Knight Frank, a global property consultancy, has signed a memorandum of understanding with the Federation of Indian Chamber of Commerce and Industry (FICCI) to launch real estate sentiment tracker in India.
The quarterly report, which will be released later this year, will be designed to capture the supply-side stakeholders’ perspective on the real estate market conditions in the country.
“The index will gauge the short-term future trend of launches, sales volume, price and credit availability for the Indian residential and office space market,” Samantak Das, chief economist, director-research and advisory services, Knight Frank-India, said.
anil.u@thehindu.co.in