CREDAI NCR
With FDI norms relaxed, ‘acche din’ begins for Real Estate
Central Government has finally eased the FDI norms for construction sector. While the unchanged repo rates made the realtors community little unhappy yesterday, they got a reason to celebrate with this decision. As the sector is reeling through an acute funding pressure, real estate fraternity is optimistic that FDI will give much-needed fillip to the […]
Repo Rates Unchanged! Industry eyes 2015 to bring some relief
Fifth time in a row, Reserve Bank of India Governor Raghuram Rajan left the interest rates unchanged. In a recent decision, RBI kept the repo rate unchanged at 8 per cent and the cash reserve ratio at 4 per cent. Since many in the industry were expecting a cut on the interest rates, the decision […]
