A Report- Real Estate sector may see rapid upgrading in Next Six Months

In the present times, the realty sector remains at very slowing movement, industry and market experts believe that realty sector is possibly to see some improvement in the coming six months, when the prices of property will be at rising movement. According the investor survey, not just rapid supply and huge demand for residential property, but the prices too is very expected to observe an upward movement in coming six months, “ Samantak Das, Knight Frank India Chief Economist and Director-Research said in the recent statement.

He declared good news about Real estate sentiment Index and supported by Knight Frank India and FICCI, a real estate consultancy. In 2009 election period, the factors of housing demand are different this time around, Das said in the announcement. During this time period, the prices of property have risen faster than the rapid growth in household income or normal inflation. Interest rates are very higher. Lack of slightly important improvement in the factors of housing demands, according to us, means the circumstances will remain the same. A majority of respondents surveyed for the recent report were affirmative on the economic front and expect a rapid improvement in the next six months.