RBI
The Changing Face of Indian Real Estate
The history of the Indian Real Estate sector in modern times started with the economic liberalization of 1991. India was a closed economy till 1991 and the first real estate boom happened in parallel with the first economic boom from 1991 to 1996. From 1996 to 2000 real estate prices saw a sustained correction in […]
RBI keeps lending rates unchanged: Its impact on real estate
The Reserve Bank of India has no immediate plans to reduce interest rates and this does have a bearing on the property market in India, as lower interest rates on housing loans can lead to positive triggers, including more demand from buyers, lower loan rates and more purchasing power, apart from lower taxes. However, the […]
