Dr. Niranjan Hiranandani

For the Reserve Bank of India growth is now the highest priority

by Niranjan Hiranandani The fourth straight cut in the benchmark repo rate is a welcome step which will make borrowings cheaper and would help boost in demand in several sectors like real estate and auto which has been sagging since last several quarters. It would also help in bringing about some bal...Read More

Union Budget 2019 Boost To Real Estate: Affordable Housing Gets New Lease Of Life

Union Finance Minister Nirmala Sitharaman, while presenting her maiden budget and the first budget of Modi 2.0 government, announced an additional rebate of Rs 1.5 Lakh on Housing Loan Interest. Being considered as a big boost to the real estate sector, this step will encourage first-time homebuyers ...Read More

What Real Estate Expects From The Union Budget 2019

Ms. Nirmala Sitharaman, the new finance minister in Modi Government is set to present her maiden budget on July 5, 2019. And clearly, her focus would be to pull up the GDP growth rate up to 7.5%, as expected by the World Bank. Generating employment is the next issue that the government wants to tackl...Read More

Real Estate Budget Wish List – Address the Liquidity Crunch

by Dr. Niranjan Hiranandani New MODI 2.0 government is all geared to set the ball rolling with its first union budget presentation on 5th July. With this, the Indian real estate sector builds the wish list in anticipation to give much-required impetus to the slow-moving sector. Real estate is highly ...Read More

Modi Returns, Will The Real Estate Reforms Return Too!

Modi is back! Yes, a month-long festival of democracy came to an end with the verdict going in favor of the Narendra Modi-led NDA government. Remarkably, this time the brand Modi broke its own record and came back with more seats than 2014. Among all, the business community was the one which started ...Read More

NAREDCO signed MOU with Construction Skill Development Council of India – RealtyMyths

-To offer certification to the untapped uncertified skilled workforce as a part of Pradhan Mantri Kaushal Vikas Yojna National Real Estate Development Council (NAREDCO) an apex real estate body which works under the aegis of MoHUA, Govt of India has signed a Memorandum of Understanding (MoU) with Con...Read More

Experts Believe RBI Repo Rate Cut To Boost Real Estate Market Sentiments – RealtyMyths

Moving on the expected lines, the Reserve Bank of India (RBI), country’s apex bank, today reduced the Repo Rate by 25 basis points. This way, RBI reduced the key lending rate for the second time in a row, bringing it down to 6%. RBI also cut the reverse repo rate by 25 basis points to 5.75%. Th...Read More

From ‘Influencer’ to ‘Actual buyer’: Women Emerging as New Age Homebuyers – RealtyMyths

Dr Niranjan Hiranandani – National President – NAREDCO & CMD- Hiranandani Communities Empowering women in India moves along twin tracks – first, the accepted norms and second, the new age opportunities that women are creating in an evolutionary stage for India. Among the aspects that define...Read More

NAREDCO welcomes lowering of GST; demand for further rationalization – RealtyMyths

Lowering of GST will boost housing in general and affordable housing in particular Will boost the overall economy and employment will push the sale of under-construction properties, However, fixing the upper ceiling of cost at Rs. 45 lakh for affordable housing for the whole country may be a deterren...Read More

Real Estate Gets Double Dose Of Happiness, Hails RBI’s Repo Rate Cut After Budget Bonanza

In an unexpected move, at least the market experts would agree to it, the Reserve Bank of India today cut the key Repo Rate by 25 bps, bringing it down to 6.25 percent. RBI was doing the 6th bimonthly monetary policy review, and first under its new Governor Shaktikanta Das, who replaced Uriji Patel a...Read More

Will 2019 Be The Year Of Settlement For The Indian Real Estate!

The year 2018 comes to an end, and with this ends the year of speculations, ups and downs, and resettlements. Indeed, the year 2018 was a roller coaster ride for the real estate sector. Policy reforms like GST and RERA as well as monetary reforms like Demonetisation were still troubling the market wh...Read More

Waste Management in real estate is a ‘Work-In-Progress’: Getamber Anand

The season of festivities is around the corner and one sector which is eagerly waiting for it to arrive in the Indian real estate sector. And why not, the real estate sector is majorly driven by sentiments which, currently, is lying low. The sales are not up to the mark and therefore, the developers ...Read More

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