Connect with us


Rate-cut at this juncture was important for sector


“In an anticipated move, RBI has maintained status quo on policy rates, however, other than inflationary pressures most of the other economic indicators which also include robust monsoon were all in favour of a rate cut and so the real estate sector was expecting relief in interest rates by the RBI. For the real estate sector a rate cut at this juncture was important as it could have easily spurred the buying activities in the upcoming festive season on the back of expected reduction in home loan rates and consequently the sector might have also achieved the much awaited growth. Of course, looking at all the economic indicators, still there has been a small window to cut rates and so we had kept our fingers crossed for the outgoing RBI Governor to once again boost the sector with giving a small rate cut in this policy review.”

Mr. Arjunpreet Singh Sahni, Executive Director, Solitairian Group


Latest News

Events3 hours ago

SAYA Homes ushers in seasonal festivities, launches ‘Navratri Carnival’

Noida, September 27, 2022:  On occasion of Navratri, SAYA Homes, is organizing ‘Navratri Carnival’. The Navratri Carnival begun on September...

Events5 hours ago

Pacific Mall NSP set to host Pacific Dandiya Nights on September 30, October 1, 2022

September 27, 2022, New Delhi: Pacific Mall NSP, in association with Actisoul Events, will kick off ‘Pacific Dandiya Nights’ from...

Guest Column5 hours ago

Investment in Concept-based Hospitality slated to gain momentum in India

By: Sanjeev Arora, Director- 360 Realtors The Indian hotel industry is staging a strong comeback after staggering business in 2020...

New Launches5 hours ago

Legalkart, BASIC Home Loan partner to enable expert legal services for a hassle-free home loan experience

September 27, 2022: LegalKart, a legal technology company, collaborates with BASIC Home Loan, a Gurugram-based fintech start-up home loan lending...

Report5 hours ago

Data Centre stock to double by 2024; $20 bn investments estimated by 2025: 2025

September 27, 2022: CBRE South Asia Pvt. Ltd, has announced the findings of its latest report, “Data Centres in India:...

Report5 hours ago

Ahmedabad values multifunctional, green spaces among top priorities: Godrej Properties Home Liveability Factors study

Ahmedabad, September 27, 2022:  83% respondents from Ahmedabad have made adjustments in their residences to accommodate working from home revealed...