Lowering the repo rate would have provided a strong thrust to the real estate sector. Having said that, the Central Bank’s withdrawal of the incremental CRR is encouraging, as it will bring in more liquidity in the market. India Infoline, 2 months ago
Expressing displeasure over the RBI decision to maintain status quo on key policy rates, especially after demonetisation, real estate industry experts said lowering the repo rate would have helped ease borrowing costs. RBI Governor Urjit Patel today kept ...Business Standard, 2 weeks ago
While greater rebates were expected in individual tax rates, nonetheless the rebate for individuals earning upto 5 lakh will help increase their disposable incomes, says Anshuman Magazine, Chairman – India and South East Asia CBRE.Money Control, 3 weeks ago
Top officials of several real estate developers across the country – from Chennai to Kolkata, from Hyderabad to Pune and Mumbai to Bangalore and the National Capital Region – say that even though the market took a big hit post demonetisation they foresee ...The Financial Chronicle, 1 month ago
The country's office market witnessed an all-time high with annual absorption of over 43 million sq feet in 2016, registering a growth of 9% on a year-on-year basis. Supply addition during the year touched 35 million sq feet with India's office stock reaching ...Deccan Herald, 1 month ago
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation, reports Raghavendra Kamath/Business Standard from Mumbai. The year 2016 was good for commercial real estate, including malls and office property. However, pain continued for residential real estate. While the housing segment went through a prolonged slowdown, the Real Estate (Regulation & Development) Act or Rera was a further ...Rediff.com, 1 month ago
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