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We were anticipating 25 bps repo rate cut
“Looking at the current market scenario, we were anticipating a repo rate cut by at least 25 bps the banks were already holding high liquidity and the benefit could have been passed onto the buyers. Lowered interest rates just ahead of the financial year closing could have allowed the buyers to plan their future investments and realty sector would have benefitted the most. RBI has played a wait-and-watch approach and might be waiting for the remonetisation drive to conclude properly and should cut the rates in April”
Deepak Kapoor, Gulshan Homz
Separate Bank Account will not be used for Assured Return, Interest & Penalty (Part 1)
Lucknow/Gautam Buddh Nagar, December 9, 2023: UP RERA issued detailed Real Estate Project Banks Account Directions revising its previous directions...
Rise in Demand for Green and Sustainable Buildings – Global and Indian Perspective
New Delhi, December 8, 2023: The Royal Institution of Chartered Surveyors (RICS) has published its global sustainability report for 2023....
RBI Keeps Repo Rate Unchanged, Increases Growth Forecast In Its Monetary Policy
December8, 2023: The Reserve Bank of India (RBI), on the expected lines, kept policy rates and stance unchanged in its...
2023 Real Estate Overview, Outlook: CBRE
OFFICE: Diversified sectoral demand maintained the leasing momentum Despite the short-term disruptions and macroeconomic challenges, office leasing in India held...
LIXIL celebrates architecture & design industry excellence at World Architecture Festival 2023
Singapore, December 7, 2023: LIXIL, maker of water and housing products, through its brand, GROHE announced to support the World...
Office Rental Values Rise 7% Y-o-Y in Top 7 Cities Despite Tepid Leasing in H1 FY24
Mumbai, December 7, 2023: The fiRst half of fiscal year 2024 remained lacklustre for commercial office space activity across the top 7...
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