Slowdown Blues: Stakeholders mark real estate outlook as pessimistic for rest of 2019

Things are not looking up for India’s residential real estate sector. Given India’s consumption slowdown across industries, sentiments among real estate sector’s stakeholders have only worsened in the second quarter, a survey by consultancy Knight Frank, industry bodies FICCI and NAREDCO found. The stakeholders have downgraded the outlook for the ongoing six months to ‘pessimistic’ in the Real Estate Sentiment Index Q2 2019.

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