29-09-2015

Realty cos hope RBI rate cut will revive sales

Just ahead of the festival season, real estate developers hope that 0.50 per cent rate cut by Reserve Bank of India will translate into sales and thereby cut down on piled up real estate stock. Navin Raheja, Chairman, Naredco, said: “The overall economic situation and challenges being faced by the industry, we welcome the reduction in repo rates, which will ease the burden on the buyers and developers. We are hopeful that ..read more..

29-09-2015

RBI brings Repo Rate to a 4 year low

The RBI announced a repo rate cut for the fourth time in 2015. Will this turn out to be the much needed Diwali bonanza for the real estate sector? In a surprise move, the Reserve Bank of India (RBI) cut the Repo Rates for the fourth time since January 2015. The 50 basis points (bps) cut has brought the Repo Rate to 6.75 per cent, the lowest in the last four years. The cut is being hailed by the real estate industry ..read more..

21-09-2015

Golden rules of borrowing

In an ideal world, everybody would have enough money for all his needs. In reality, many of us have little option but to borrow to meet our goals, both real and imagined.For banks and NBFCs, the yawning gap between reality and aspirations is a tremendous opportunity . They are carpet bombing potential customers with loan offers through emails, SMSs and phone calls. ..read more..