Latest Answer: Hi Ashish,
Now we are expecting that the government would take thoughtful steps closer to the budget and provide further rate cuts to guide economic growth. The residential real estate has been the worst affected due to high interest rate and slow sales for the past couple of years. Current unsold residential inventory levels across India stands at over 6.9 lakh units and this would take more than 2.5 yrs to round off.
Latest Answer: Now you all want to know that what kind of assets could be revalued. Here are those banks which hold real estate where the value is not recognized anywhere and this could one of the items that could be revalued. Almost all public sector banks hold real estate with market value running into thousands of crore.
