Latest Realty News

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.
Mar 05, 2015
Mumbai: Housing Development Finance Corp (HDFC)cost of funds have only come down incrementally and it will wait for significant reduction before passing the benefit to customers by cutting home loan rates
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
Mar 04, 2015
MUMBAI: Credai Chairman has described the RBI’s announcement of repo rate cut by 25 basis points as “an excellent move
Mar 04, 2015
Mumbai: RBI's surprise rate cut, much before its next month's meeting, means good news for infra, realty as well as high-debt companies
Feb 03, 2015
Mumbai: Expressing his strong disappointment at the RBI credit policy, realtors apex body CREDAI Chairman Lalit Kumar Jain has said that the nation cannot afford any more delay in accelerating the economy’s growth
Jan 23, 2015
Chandigarh: The realty market in Chandigarh is subdued even after the 25 basis points rate cut announced by the Reserve Bank of India last week
Jan 20, 2015
KOCHI: RBI's repo rate cut of 25 basis points last week will serve as a fillip to automobile and home mortgage markets of Kerala
Budget 2014: 5 changes to improve housing and real estate sector
Jul 07, 2014
DELHI: The real estate sector has been the backbone of the Indian economy and has been a major contributor in the economic growth. The approach followed by real estate players have been instrumental in changing the face of the country, from being under-developed to accelerating its way to a developed country. The sector contributes about 6.3 percent to the nation's GDP (2012-13) is a major source of revenue for Central, state and local governments and provides employment to more than 50 million
Five risks worrying RBI governor Raghuram Rajan about India
Apr 01, 2014
DELHI: Highlighting that the Reserve Bank of India's (RBI) policy stance will be 'firmly focussed' on keeping the economy on a disinflationary glide path, the central bank governor Raghuram Rajan on Tuesday kept all key rates unchanged in the monetary policy review.
Repo rate hike will deepen crisis in real estate: Credai
Jan 29, 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.
Realtors left wringing hands with home loans set to cost more
Jan 29, 2014
DELHI: Hit by slowdown in sales coupled with few new launches, the real estate sector says it is disappointed by the Reserve Bank of India’s move to hike the repo rate.
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.
Runaway Indian house price boom seen slowing to a jog
Dec 12, 2013
BANGALORE: After years of double-digit growth, house price rises in major Indian cities are expected to slow to just under 8 percent next year as a cooling economy and rising interest rates deter new buyers, a Reuters poll showed.
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.
RBI hikes rate, but your EMIs unlikely to go up
Oct 30, 2013
MUMBAI: Reserve Bank of India governor Raghuram Rajan on 29th October stepped up the inflation control drive by raising a key policy rate but the increase is unlikely to impact interest rates for home, car and consumer loans.
‘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.
RBI repo rate hike: Indian realty developers unhappy with Raghuram Rajan, say will impact housing
Sep 21, 2013
DELHI: Expressing disappointment over RBI Governor Raghuram Rajan's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.
Inflationary pressures hold cut in key rates by RBI
Jun 27, 2013
BANGALORE: The Reserve Bank of India (RBI) kept all the policy rates unchanged in the Credit Policy review on June 17. However, going by the current macroeconomic factors, this was quite expected. The RBI decided to hold the repo rate and cash reserve ratio (CRR) at the existing levels. It kept the CRR unchanged at four percent and the repo rate at 7.25 percent.

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