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With Freshly Cut Hay | Outlook India Magazine

With Freshly Cut Hay | Outlook India Magazine
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Covid-hit realtors, hoteliers hail RBI's liquidity support but seek more


Covid-hit realtors, hoteliers hail RBI s liquidity support but seek more
According to the industry, this will continue to keep floating retail loan rates (which are directly linked to external benchmark repo rates) at a lower level.
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By Express News Service
NEW DELHI:  The Reserve Bank of India (RBI)’s decision to keep repo rate and reverse rate unchanged at 4 per cent and 3.35 per cent, respectively, was widely welcomed by the real estate sector which is reeling under the impact of second covid-19 wave.
According to the industry, this will continue to keep floating retail loan rates (which are directly linked to external benchmark repo rates) at a lower level. ....

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Union Budget: Affordable housing given a push but some real estate players feel left out


Union Budget: Affordable housing given a push but some real estate players feel left out
Jaxay Shah, Chairman, CREDAI National, said this move will boost overall demand for affordable housing, which has been the fastest growing segment for the real estate sector
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Union Finance Minister Nirmala Sitharaman speaks during the post-budget press conference, at National Media Centre in New Delhi. (Photo | PTI
Express News Service
Housing for all and affordable housing were termed priority areas in Finance Minister Nirmala Sitharaman s budget. The Union Budget proposed extension of interest deduction for home buyers and tax holidays on affordable housing projects for one more year. ....

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