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Melbourne-based REA Group, the owner of Australian real estate sites realestate.com.au, realcommercial.com.au and spacely.com.au, stated that it experienced a 46% surge in revenue from India for the financial year that ended in June 2023. By comparison, Australian revenue only saw a 1% uptick during the same period. REA India posted a revenue of AUD 79 million ($57 million) in the fiscal year, up from AUD 54 million the previous year.

New Delhi [India], September 1 (ANI/NewsVoir): India's leading digital real estate company REA India, has been ranked 55th among the 100 Best Large Companies to Work for in Asia by the Great Place to Work Institute.

With over 100,000 new units launched in top 8 markets & 365 per cent jump in y-o-y sales, homes are in demand.

The Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review.  

The RBI is likely to maintain status quo on interest rates in its forthcoming monetary policy review.