Thursday 22 May 2014

The Real Estate: Signs of Improved Panorama

A strong and a positive outlook have been seen with the real estate investors and buyers after the political change in the country. There is a strong positive display in the improved sentiments of the realtors in the sector.

The survey conducted by Knight Frank and FICCI showed that stakeholders have tied high hopes to the newly formed government.

The report also suggested that the realtors are confident about the time to come and also expect the business environment to prosper within the span of six months. The stakeholders have tied their hopes on the forthcoming government and massive change in the political leadership.

This buoyancy is not limited to any region in particular in the country but the confidence is measured the same from     North to South and East to West. The report also directed rays of hopes for better and improved conditions of both developers and financial institution. There has been a huge expectation that the real estate sector will perform well in the coming six months.

As the people are keeping their on to the new government to take the charge a sense of confidence and much improved sentiments could be seen across all sectors in the real estate industry. Many real estate developers and financial institutions are confident about the better future of the real estate sectorsits funding scenario.

A confidence that the business environment will prosper is believed by various stakeholders. They are expecting the sector to show a massive graph in terms of its growth.

Reports of the survey also focused that, approximately 67 percent of the respondents are speculating major improvements in the Residential Projects catering to sales and project launches in a span of six months. With all these aspirations the price appreciation is likely to remain torpid.

The stake holders are expecting hike in the leasing volumes by the third quarter of the 2014.It is also known fact that the new office supply will be under a check for the next six months.

Visit Dreamz Infra Review official blogs for more real estate news and updates in India.

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