RBI

ANAROCK: Govt. Sops Boost Housing Sales by 12% in Q1 2019 over Q4 2018 – RealtyMyths

New supply across top 7 cities up by 27% q-o-q – from 55,600 units in Q4 2018 to 70,490 units this quarter; defies conventional election period trends Pune and MMR see max. quarterly rise in both housing sales and new supply; absorption in Pune rose by 24%, in MMR by 19% Bengaluru frontrunner in shed...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

How to Buy a Home Outside the Country? – RealtyMyths

by Akhilesh K Prasad An increasing number of resident Indians have shown interest in travelling abroad on business or for taking up jobs. Such Indian residents desire ownership of properties in places where they find a livelihood. Indians are also interested in investments outside the country where t...Read More

GST Rate Cut: Panacea or Brief Pain Relief for Real Estate? – RealtyMyths

 Anuj Puri, Chairman – ANAROCK Property Consultants GST rate cut or not, GST-exempt ready-to-move draws maximum sales Of the total unsold stock of 6.73 lakh units in the top 7 cities, only 13% are ready-to-move-in Of 5.88 lakh unsold under-construction units, 20% to be completed in 2019 – the additio...Read More

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

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