Latest Real Estate News Delhi, India - Real Estate market in india

Vice Chairperson

Real Estate is no more shy of Women Professionals

Santosh Sinha/RealtyMyths In India, and worldwide, women have been one of the most significant contributors to the entire shopping extravaganza. When it comes to household goods, they are the main target audience for whom products are designed to suit their taste. Real estate is one such sector which relies heavily on them. It designs and develops the houses keeping in mind the safety and comfort of the lady of the house. That way, women have helped the sector evolve over the period. Interestingly, they are not only helping the sector from outside, but have started taking the centre-stage and strengthening it from within as well! Women have been an important pillar to this sector since inception. They have redefined, shaped, reformed and articulated the real estate sector and have brought ...

Why so serious? Brighter days are coming ahead!!

Santosh Sinha / RealtyMyths Real estate is a serious business; it involves one’s lifetime investments and savings. Millions of customers look out for their abode every year; thousands of developers lure them of their dream homes. This demand and supply matrix produces millions of jobs for both skilled and unskilled sect of the society. More than 250 allied sectors find their businesses amidst these transactions. No doubt, Indian real estate is one of the largest contributors to country’s GDP. From the current rate of 6-7%, the sector has potential to enhance its contribution to almost 15% by the year 2020. However, sector’s growth has stagnated in last few years. This has made the developers, even more, serious about their future. Amidst all the seriousness, real estate sector witnessed so...

RBI maintained its status quo

 In a much anticipated and steadied move, the RBI kept rates unchanged today in its last bi-monthly policy review for the calendar year. The key rate (Repo Rate) remains at 6.75 percent, Reverse Repo Rate at 5.75 percent, Cash Reserve Ratio (CRR) at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent respectively. Since its first policy review for this year back in January, the apex bank had reduced the key rate by 125 basis points or 1.25 percent allowing a significant room for the banks to reduce lending rates for the buyers. Mr. Pradeep Aggarwal, Chairman, Signature Global reacting to today’s Monetary Policy Review, “Following the surprise 50bps rate cut in September, it was expected that RBI would maintain a status quo. However, in the context of recent amendments...

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.