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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 […]
Impact of Hiked Floor Area Ratio in NCR
The Ministry of Urban Development has approved Delhi Development Authority’s proposal to increase Floor Area Ratio (FAR) norms for residential plots in the National Capital. Floor Area Ratio, abbreviated as FAR, is the percentage of a building’s aggregate floor area in relation to area of the land on which the property is constructed. FAR for […]
