Knight Frank to launch real estate sentiment index

Property consultant Knight Frank India has signed a memorandum of understanding (MOU) with industry chamber FICCI to launch its real estate sentiment index in India. "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," Knight Frank said. The quarterly report would be released later this year and will capture developer's perspective on the real estate market conditions.