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Reverse repo rate to be reduced by 90 bp to 4 per cent amid the current COVID-19 crisis
RBI defers rate cut announcement to ‘counter’ Covid-19, writes Anuj Puri.
The real estate fraternity has expressed disappointment over the RBI’s decision.
41 per cent in affordable category
There has been a steady rise in CIRP cases in real estate
And, absorption up 9 per cent
A bittersweet dawn for India’s housing sector
PE firms have their own investment rationale, and Indian residential real estate has been far from attractive to them.
NCR and MMR account for 72 per cent of total stuck housing units
Defying previous election year trends when sales and new launches remained muted during this period, Q1 2019 saw both housing sales and new supply rise due to multiple Government sops in the first three months of 2019.
A-303, Navbharat Estates, Zakaria Bunder Road, Sewri (West), Mumbai - 400 015, Maharashtra, India
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