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JLL’s reaction to the Interim Budget
Feb 18, 2014
DELHI: The issues pertaining to real estate are deeper and more inherent than those pertaining to consumer durables or the automobile industry. Resolving these issues involves fiscal adjustments to key real estate-linked policies and may even require constitutional amendments. It was therefore self-evident that the current VOA budget would not hold anything of real consequence in store for the real estate sector. That said, the support extended to the residential sector in the affordable segment
Industry reaction on RBI’s monetary policy
Oct 30, 2013
BANGALORE: Pankaj Bansal, director, M3M India, As anticipated, RBI has returned to a more normal monetary policy situation by cutting the MSF and raising the repo rate. This may result in further increasing the cost of funds for any industry or end consumers. Further dampening demand and industrial production. Demand for affordable and mid-end real estate projects may be adversely impacted due to a possible hike or adjustment in home loan rates. Expensive properties may not be negatively affect

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