Realty+ Connect

Heavy Lifting By RBI To Revive Economy

May 2020 , by Realty Plus in Realty+ Connect

Nish Bhatt, Founder & CEO, Millwood Kane International “In a surprise move RBI's rate setting committee - the MPC met off cycle from May 20-22 andannounced a slew of measures in light of subdued economic situation. This is the second timethat the MPC met off cycle. Like global central banks... Read more...

The Realty Sector Will Garner Extensive Benefits

May 2020 , by Realty Plus
Posted in Realty+ Connect

Banks Need To Reduce Lending Rate

May 2020 , by Realty Plus
Posted in Realty+ Connect

One-Time Restructuring Of Loans Needed

May 2020 , by Realty Plus
Posted in Realty+ Connect

We Welcome The Prudent Step

May 2020 , by Realty Plus
Posted in Realty+ Connect

A Major Step In The Right Direction

May 2020 , by Realty Plus in Realty+ Connect

Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com With a view to supporting the economy in general and real estate in particular in the wake of Covid-19, the government has in the recent past made a series of announcements. The RBI decision to further reduce the repo rate t... Read more...

A Welcome Move For The Indian Economy

May 2020 , by Realty Plus in Realty+ Connect

Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group Today’s rate cuts along with the further extension of loan moratoriums by 3 months is definitely a welcome move and will benefit the real estate sector in the near future. It will enable banks to lend even more... Read more...

A Positive Effect On Residential Market

May 2020 , by Realty Plus in Realty+ Connect

Anshuman Magazine, Chairman & CEO - CBRE India, South East Asia, Middle East & Africa “The RBI’s move to cut repo rate by 0.4 basis points will have a positive effect on the residential property market. This is a clear step towards reducing lending rates, encouraging liquidi... Read more...

RBI Is Proactively Revival Taking Steps

May 2020 , by Realty Plus in Realty+ Connect

By Piyush Gupta, Managing Director, Capital Markets, India at Colliers International “Reduction of Repo rate by further 40 bps will reduce cost of borrowing and same being passed on to customers will increase buying capacity and increase confidence to invest in Real Estate Asset. Consistently, ... Read more...

Push Banks To Transmit Rates Cuts To The Borrowers

May 2020 , by Realty Plus in Realty+ Connect

Rohit Gera, Managing Director, Gera Developments Pvt Ltd ''The move by the Reserve Bank is welcome however banks have been reluctant to reduce lending rates proportionately for similar actions by the RBI in the past. Mortgage rates have come down 50 to 70 basis points while the repo r... Read more...

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