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Realtors expected more from RBI MPC Posted On: 2021-04-07 04:37:54 (Time Zone: Arizona, USA) The RBI has maintained its accommodative stance until it sees an appropriate time to drive economic growth without jeopardizing its key goal of taming inflation. With the recent increase in Covid 19 incidents, the Apex bank is faced with the challenging task of balancing inflationary pressures to avoid a rise in borrowing costs. To keep inflationary pressures in check and sustain financial stability, it is expected that the central bank to pursue policy normalization in the second half of FY22. W...

Toggle navigation Honourable Deputy Chief Minister Thiru O. Paneerselvam unveiling Project Hair to Hope Hair Donation Drive with our President Manisha Pramod Chordia Tamil Nadu: RCC President Manisha Pramod Chordia nominated as State Women Commission member ANI | Updated: Feb 23, 2021 15:21 IST Chennai (Tamil Nadu) [India], February 23 (ANI/NewsVoir): RCC DIVA Foundation felicitated the frontline warriors who stood up to help common people during the pandemic in Chennai. The Chief Guest of the occasion was the Honourable Deputy Chief Minister of Ta...

RBI Monetary Policy - Feb 2021 - Even after RBI's status quo, developers optimistic about realty growth Posted On: 2021-02-05 22:34:41 (Time Zone: Arizona, USA) As the MPC voted unanimously to keep rates steady, the RBI retained the status quo and Repo rates unchanged at 4 per cent. The Apex bank, however, has shown optimistic stance for economic growth as it expects GDP to grow at 10.5 per cent. The real estate sector expected some announcements, but it has to rely only on announcements made in the last few months. Real estate experts say the market is strong, and the RBI's new status q...

Union Budget 2021: Realty sector wants finance minister to accord long-awaited industry status The last few years have witnessed a major downfall in the real estate sector owing to demonisation, GST, RERA, NBFC crisis, says Sanjay Daga, COO, Runwal FP Staff January 31, 2021 19:39:28 IST Expectations rise for real estate sector ahead of budget. The real estate sector is confronting crippling liquidity for a long time. A relaxation in norms for raising capital, tax inc...

New Delhi [India], January 29 (ANI/NewsVoir): In order to streamline the industry and provide liquidity alternatives for stalled projects, the government made a range of announcements and initiatives during 2020; the sector now has high hopes for the upcoming budget. The government should take last year's thought and action to come up with announcements that can be enforced in the short term. "The first and foremost need is to see that the process of permissions gets resolved through single window clearance, a demand that has been there for quite some time. Authorities responsible for giving ...