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RBI Monetary Policy: Reactions from Industry Experts

The Reserve Bank of India (RBI) maintained yet another 'status quo' in its policy repo rate at 4%. The central bank has presented the outcome of the second bi-monthly monetary policy of India for FY22. This would be the sixth consecutive time where RBI kept the benchmark interest rate unchanged...

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LOW HOME LOAN INTEREST RATE REGIME TO CONTINUE, BENEFITING HOME BUYERS: REALTORS ON RBI POLICY

New Delhi: Hailing the RBI’s decision to keep policy rates unchanged, the real estate industry on Friday said the low-interest regime on home loans will continue, aiding revival in housing demand that has been hit badly during the last two months due to a second wave of the COVID pandemic. The industry demanded more steps to boost liquidity...

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Demand for affordable housing may increase further during the second wave of the pandemic

Due to factors such as low interest rates, unsold inventories due to construction delays, and stress caused by increasing Covid-19 cases, 2021 is considered the best time to own a home, since All of these factors will primarily affect property prices.

The year 2020 was intended to be the year of recovery, for the real estate industry, es..

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How lower rates will benefit Real-Estate Industry

Real-estate is one sector which contributes almost seven percent to the GDP. The government wants to push this notable contribution to nearly ten percent by the year 2030. The important sector is the second largest contributor as far as generation of employment is concerned and employed more than 5.5 crore people post Covid.

However, ..

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Holiday Inn Greater NOIDA West

IHG Hotels and Resorts signs a management agreement with Regal Emporia Infratech a subsidiary of Investors Clinic , for Holiday Inn Greater NOIDA West in Boulevard Walk, a mixed-use development by Home & Soul. The new-built hotel will have 140 keys and is expected to be operational by the first quarter of 2023.

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