1. Indian real estate news

41% of Respondents Believe in Moderate Outlook of Indian Real Estate: 360 Realtors’ Survey

A survey by 360 Realtors shows that at least 41 percent of the respondents have a moderate outlook of the Indian real estate for its growth. The real estate is growing in the recent few months as the home buying numbers show in metros and in the tier-2 and tier-3 cities.

360 Realtors is one of the largest Institutional Channel Partners (ICP) in India and they conducted a consumer sentiment survey of 1,200 home buying prospects to understand the consumer sentiment for home buying. The 1200 respondents included 23% from Delhi-NCR, 19% in the Mumbai Metropolitan Region (MMR), and 17% in Bangalore. Others are from the cities Pune, Chennai, Hyderabad, Kolkata, Patna, Lucknow, and Cochin.

See the detailed story in Construction Week.

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