Weekly News Round Up – RealtyMyths

Hi guys, and welcome back to the weekly news roundup, where we talk about the current news in the real estate industry. So let’s begin!  Starting with the RBI policy changes. RBI cut the Key Repo rate by 0.25% to 6.25%. The central bank also changed its monetary policy stance to ‘neutral’ from the e...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

RBI Keeps Repo Rate Unchanged, Real Estate Sector Delighted – RealtyMyths

And the rates are unchanged! The Reserve Bank of India (RBI), at its monetary policy review meeting held today, kept the repo rate unchanged to 6.5%. RBI also lowered the inflation projection to 2.7-3.2% from 3.9-4.5% for the second half of 2018-19. The Monitory Policy Committee (MPC) suggested reaso...Read More

RBI keeps Repo Rate unchanged at 6.5%, surprises market experts

The Reserve Bank of India (RBI), in its bi-monthly policy review today, surprised the market experts by keeping the key policy rates unchanged. With the downfall of Rupee against Dollar, reaching to a record low at 73.77 yesterday, the market experts believed RBI would increase the key rate by at lea...Read More

Will bitcoin buy you property in India anytime soon?

by Anuj Puri, Chairman – Anarock Property Consultants Bitcoin and other crypto-currencies have been in the news a lot in recent times, often for the wrong reasons but also because of the massive appreciation Bitcoin has been clocking up. To top it off, real estate has now been dragged into the bitcoi...Read More

Housing for All by 2022 – The Clock is Ticking

Affordable housing is not just about providing homes to the lower-income strata of society, though that is what the Modi government’s avowed intention behind the ‘Housing for All by 2022’ doubtlessly is. Affordable housing creation also has a direct and favourable correlation with t...Read More

RBI infuses some festive madness – REPO Rate changed

The market is sluggish and in a severe need for funds, the last session of RBI wasn’t pleasing for the sector with no change in the REPO rate. Today’s session seems to cheer up the sector with the 0.25 percent rate cut, while the CRR (Cash Reserve Ratio) was unchanged. Even though the transparency is...Read More

RBI must look at the real estate sector with new optimism

The Reserve Bank of India today concluded the third bi-monthly monetary policy review for the current financial year.  Contrary to market expectations, RBI Governor Raghuram Rajan, known for going by instinct and offer surprises, preferred to sail smoothly in the last lap of his tenure at RBI. He kep...Read More

RBI & its Status Quo: Increasing Concerns for Real Estate

“Real estate sector was very hopeful that RBI would slash repo rate by at least 25bps. It is quite evident that the sector is struggling to generate sales and is over-burdened with piling inventories. A rate cut now would have helped it convince buyers and boost sales” Santosh Sinha The R...Read More

Industry hails the rate cut, says “Yeh Dil Maangay More”

The real estate sector was looking at the RBI governor with eyes wide open. The sector is reeling under tremendous pressure. The sluggish demand coupled with costlier loans has broken developers’ confidence. Investors too, have been shying away. Though the recent budget announcements have raised some...Read More

Rate Cut or Status Quo, Raghuram’s Dilemma

Santosh Sinha/RealtyMyths The real estate sector, in particular, is looking at the governor with eyes wide open. The sector is already reeling under tremendous pressure. The sluggish demand coupled with costlier loans has broken developers’ confidence. Investors too, are shying away. Though the recen...Read More

RealtyWatch – Top Real Estate news updates of the day

Let’s call it Happy Ending for all – CREDAI Conclave 2015 The 3 days conclave brings back some smile amongst the developers of the nation. As per the recent scenario, realty sector was not getting suitable returns as expected. One of the prime sectors of the economy was stumbling and losing its tempo...Read More

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