Reserve Bank Of India

Article 370: Removal of ‘special status’ for J&K will improve infrastructure | Weekly Roundup | RealtyMyths

Hi guys, welcome back to weekly news roundup. Let’s get started!  On 6th August 2019, The Gautam Buddh Nagar administration acquired the first tranche of (80-hectare) farmland, for the proposed Jewar International Airport and passed it over to the Yamuna Expressway Industrial Development Authority (...Read More

RBI Repo Rate Cut: A Significant Boost Ahead Of The Festive Season For The Real Estate Sector

by Santosh Sinha The real estate industry welcomes the decision by the Reserve Bank of India to cut the Repo Rate by 35bps, 4th consecutive rate cut in the year 2019. And why not, the sector is about to enter the festive season. The real estate developers expect to boost their sales in the upcoming q...Read More

Delhi Govt. to make Metro & bus ride free for women – Weekly News Roundup

Hi guys! We’re back with weekly news roundup, so let’s get started! The Reserve Bank of India (RBI) cut its repo rate by 0.25% on June 6, 2019, this is the 3rd time this year. The repo rate, at which the central bank lends to the system, will come down to 5.75% after the cut. Mumbai is leading among ...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

Weekly News Round-up

Hi guys! Welcome back to the weekly news update, where we inform you about the latest happenings of the real estate sector. Let’s get started. Beginning with an update on budget-friendly apartments. According to a study, over the last 5 years, the average size of budget-friendly apartments in the maj...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

RealtyMyths Weekly News Roundup

Welcome once again to RealtyMyths Weekly News Round-Up. Let’s jump into the pool of updates of the real estate sector that took place in the very first week of October! Starting with the blessing in disguise. The falling rupee is turning out to be an opportune situation for the NRIs to invest in the ...Read More

Checklist for NRIs Buying Property in India

by Anushree Ghosh, In the past few years, the drop in the Indian currency has made it cheaper for the Resident of India (NRIs) to invest in the country. The NRIs always found the Indian market lucrative and fruitful in multiple aspects. Due to the high rate of returns, emotional affinity towards one’...Read More

RBI’s monetary policy: Raised repo rates by 25 bps to 6.5 percent

The Reserve Bank of India (RBI) headed by Governor Urjit Patel on Wednesday announced a second straight 25 basis points hike in repo rate to 6.5 per cent. For the second time in two months, RBI raised the interest rate on inflationary concerns. Repo rate is the key rate at which the RBI lends short-t...Read More

RATES UNCHANGED AHEAD OF UNION BUDGET 2016 – 17

The Reserve Bank of India in its first Bi-monthly monetary policy meeting of 2016 maintained status quo on key policy rates. The repo rate remained unchanged at 6.75% and CRR remained unchanged at 4%. The Union Budget is an eagerly-awaited annual event which Indians follow closely, as the decisions a...Read More

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