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Housing Demand to Improve with RBI’s Rate Cut
After leaving the repo rates unchanged for five times in a row, Reserve Bank of India Governor finally announced the much-awaited cut in the interest rates by 25 basis points. The cash reserve ratio (CRR), however, has been kept unchanged at 4 per cent. This drop in the rate is RBI’s first positive step of […]
Affordable Housing: RBI ushers ‘Acche Din’?
The maiden budget of Modi government opened a jackpot for realty and Infrastructure sector. With a mammoth budget of Rs 4,000 crore for affordable housing, the real estate fraternity along with the common man got a reason to celebrate. In addition to a slew of measures announced for the long-cherished dream of affordable housing, Reserve […]
