Latest Realty News

RBI-cuts-repo-rate-by-25-basis-points
Apr 05, 2016
The Reserve Bank on Tuesday cut the key interest rate by 0.25 per cent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors.
Real-estate-firms-want-banks-to-pass-on-the-rate-cut
Mar 05, 2015
MUMBAI: The real estate sector, which has been seeing inventory pile-up, negative investor sentiment and continuous raw material price rise, cheered RBI’s repo rate cut, saying consumers could benefit if financial institutions pass on the same
Realty players want govt stimulus as RBI disappoints
Dec 03, 2014
New Delhi: Disappointed with RBI's decision to keep interest rates unchanged, real estate players sought government's help to facilitate low-costing funding for buyers and developers
RBI Monetary Policy: Realty sector says it is a lost opportunity
Dec 02, 2014
Mumbai: Real estate sector player and industry watchers say an interest rate cut could have set a trigger for housing sales
‘Repo rate hike will intensify realty crisis’
Jan 30, 2014
HYDERABAD: The Confederation of Real Estate Developers’ Associations of India (Credai) has expressed concern over the RBI decision to increase the repo rates by 25 bps to 8 per cent in the monetary policy review.
RBI should explain why it is increasing rates: Rajeev Talwar
Jan 29, 2014
DELHI: The Reserve Bank of India (RBI) increased the repo rate on Tuesday. If the rise in repo rates does not lead to an increase in bank rates, it is a temporary measure to track inflation. If inflation goes down, RBI will, hopefully, reduce rates. If bank rates rise, it will impact the industry and economic growth will suffer a setback. Going forward, I hope RBI will not increase rates.
RBI seeks to control inflation: India Inc
Jan 29, 2014
MUMBAI: The Reserve Bank of India's move to increase repo rate by 0.25 basis points is aimed to control rising prices rather than encouraging economic growth, say CEOs.
Realty sector: A new pressure point
Nov 06, 2013
MUMBAI: In his first full-fledged review of the monetary policy, Reserve Bank of India (RBI) Governor Raghuram Rajan stuck to the continuing hawkish stance of inflation control first, which has seen the repo rate go up by another 25 basis points. The repo rate is the rate at which the central bank lends money (liquidity) to the financial system, and is the key policy rate. After the RBI action on October 29, it stands at 7.75 per cent.
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
‘Finance cost of developers may go up’
Sep 21, 2013
HYDERABAD: With the proposed Real Estate Regulatory Bill, where developers are expected to keep considerable portion of sales in escrow account for a majority of the construction period, finance cost for developers is expected to increase, according to Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India.
‘Some downside on real estate sector’
Sep 21, 2013
HYDERABAD: The increase in repo rate is going to have some downside on the real estate sector in a stressed environment that is already plagued by slowdown in sales, increasing input costs, liquidity issues and high costs of capital, Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield, said.
Housing prices dip in Delhi, Mumbai, Bangalore as slowdown takes its toll
Aug 29, 2013
DELHI: The rising interest rates, liquidity tightening in the banking system and slowing down of economy have badly affected the real estate sector. As the demand for residential real estate has softened, its prices across the markets in India have started showing a declining trend.
Realty sector ‘disappointed’ on RBI’s status quo on rates
Aug 01, 2013
DELHI: Realtors’ apex body CREDAI on July 31 expressed disappointment over RBI’s decision to keep the key policy rates unchanged, saying that the industry was expecting relief from the apex bank to beat slowdown in property demand.
Realty sector 'disappointed' on RBI's status quo on rates
Jul 30, 2013
DELHI: Realtors' apex body CREDAI today expressed disappointment over RBI's decision to keep the key policy rates unchanged, saying that the industry was expecting relief from the apex bank to beat slowdown in property demand.

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