Future Real-Estate Index Sentiment Affected By Second Wave Of COVID-19 In India: Knight Frank

INSUBCONTINENT EXCLUSIVE:
Second wave influenced the future sentiments of the real estate stakeholdersThe second wave of COVID-19 in the country has dampened the
future sentiments in the real estate sector
the second wave
Although the score remains in the optimistic zone
outlook for the residential launches and sales softened in the January-March quarter
Additionally, the second wave and the restrictions on mobility impacted the office occupancy levels, which weakened the market outlook for
by the government, real estate is hopeful to maintain stability
The government's decision to initiate a wider vaccination drive will help in mitigating the impact of the second wave while mobilizing the