Home » Property News » How has the Real Estate Industry Reacted to the Latest Monetary Policy Moves by RBI Governor? Manoj Gaur, MD, Gaurs Group and Chairman, Affordable Housing Committee, CREDAI (National) Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com Uddhav Poddar, MD, Bhumika Group Pradeep Aggarwal, Founder & Chairman – Signature Global Group…

The  Marginal  Standing  Facility  (MSF)  rate  and  the  Bank  rate  remain  unchanged  at  4.25  per  cent.  1. The Monetary Policy Committee met on 4th, 5th and 6th August for its second meeting of 2020-21, the 24th under its aegis, completing four years of its operation under the new monetary policy framework.  The MPC sifted through…

With the process of unlocking getting started, the agency said hopes are pinned on the revival in the economic activity. Rising cases of COVID-19 and subsequent lockdowns are deterring migrant labourers from returning to their workplaces and will impact small businesses the most, particularly in Maharashtra and Delhi, a report said on Wednesday. Despite the…

All key 11 markets in India reported a decrease in RevPAR Performance in Q2 over the same period last year, showed the report titled ‘Hotel Momentum India (HMI) Q2 2020’. As the ongoing pandemic has severely impacted India’s hotel industry, the sector has recorded a 43.5 per cent fall in Revenue Per Available Room (RevPAR)…

CHANDIGARH: A second rejection from the UT administration to increase the floor area ratio (FAR) of the city’s costliest housing scheme planned in Sector 53 has almost spelt its death. The Chandigarh Housing Board (CHB) had submitted a revised proposal before the administration to revive scheme that was offering three bedroom-hall-kitchen (BHK) flat for Rs…

Unadjusted prices increased by 0.4% in July from June. The housing data was compiled by Real Estate Norway, FINN and Eiendomsverdi.  Norwegian seasonally adjusted housing prices rose 0.9% between June and July and is up 5% for the last 12 months, a real estate industry association said in a monthly report on Wednesday.  It was…

Total volume so far this year, however, was still 40% behind the same period last year, as activities in March and April were almost muted due to the coronavirus epidemic.  Chinese property developers sold 33% more offshore dollar bonds in July than a year earlier, as the debt-laden industry seized a window of robust investor…