Bytes
Hope, rates will be slashed in next policy
“The unchanged policy rates were in line with our expectations, given the rise in CPI inflation over the last quarters. But it is expected that as economic growth would spur, there would be more chances of rate cut in future. We were expecting a rate cut as the circle rates and registry charges of some NCR regions like Noida, Greater Noida & Ghaziabad have increased which would increase the property rates. Thus, any reduction in interest rates would have optimistically affected the real estate sector and would have enhanced growth. We are now expecting that the rates would be slashed in next policy meeting which would help in imparting liquidity to the market. We are eyeing for healthier market conditions in near future so that demand and interest may improve in property market.”
Mr. Prashant Tiwari, Chairman, Prateek Group
-
News4 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News4 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News4 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News4 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News3 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News4 weeks ago
Multipoint Connection – A Definite Boon
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder