To launch its real estate sentiment index in India property consultant Knight Frank India has signed a memorandum of understanding (MOU) with industry chamber FICCI.
Knight Frank said that in the wake of a volatile environment, there is a need to capture the perceptions and expectations of the industry leaders which will further help in gauging the overall sentiment of the Indian real estate sector.
The quarterly report would be released later this year and will capture developer's perspective on the real estate market conditions, it added.