The real estate expectations are quite high as Finance Minister Nirmala Sitharaman is going to present the Union Budget for 2021-22 on February 1, 2021 amid Covid-19 pandemic. The economic slowdown and loss of revenue due to nationwide lockdown affected the real estate industry as the industry is slowly coming back to the track the […]
2020 started on a positive note with the real estate sector hoping to improve upon the mix bag performance of 2019. The first heartbreak came when the Union Budget 2020-2021 almost neglected the real estate sector, barring some good tidings for the affordable segment. The sector took respite in the government’s focus on infrastructure, which […]
Rajat Goel, JMD, MRG World said,”The real estate market is slated to move towards recovery post Unlock, and the policy measures introduced by the apex bank reflect optimism about economic growth. RBI was of the view that the Indian economy will register positive growth in the October-to-December festive quarter after six months of contraction if […]
Realtors on Friday welcomed the RBI’s decision to keep policy rates unchanged and its projection of revival in economic growth, saying this will lead to continuation of low interest rate regime on home loans and boost housing demand. The RBI kept benchmark rate unchanged for third time in a row at 4 per cent. It […]
Indian real estate leaders have welcomed today’s RBI’s resolve to continue with an accommodative monetary policy stance and focus on reviving growth. RBI’s six-member Monetary Policy Committee on Friday voted unanimously to retain the repo rate at 4 per cent while keeping its policy stance accommodative. As per reports, the central bank sees the economy […]
The Reserve Bank of India (RBI), in its fourth bi-monthly monetary meet held on October 9, 2020, has decided to keep the repo rate unchanged. This is the second time in a row the apex bank has kept the key rates unchanged. Here is what the real estate industry said: Dr. Niranjan Hiranandani, President (National) NAREDCO […]
RBI Monetary Policy 2021 announcements: The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das kept the repo rate unchanged at 4 per cent, while the reverse repo rate also was kept unchanged at 3.35 per cent. Here’s what the Indian central bank announced. RBI Monetary Policy 2021: The […]