Real estate sentiment drops to 49 points as the Knight Frank-NAREDCO index reveals a period of market recalibration for Indian property stakeholders in Q1.

GHAR examines 5 major elements fueling the Indian real estate rise, including market sentiment improvements and strong economic development.

Indian real estate - despite comfortably staying in the positive zone, the current sentiment index score has decreased mostly owing to the anticipated effect of the two consecutive repo rate rises in May and June 2022.