Categories: Latest

Fourth Bi-monthly Monetary Policy Statement, 2017-18 – Rahul Shah, CEO – Sumer Group

New Delhi, October 05, 2017: “The RBI in its fourth bi-monthly monetary policy maintained the status – quo. We expected a rate cut which would have been ideal. Considering that we are in the midst of the festive season; it would have improved the borrowing sentiments of the consumers thereby giving much needed impetus to the overall real estate sector.

We anticipate the rates to come down in the coming policies of FY18. This would facilitate the revival of the realty sector that is already under the pressure from events like demonetisation, RERA and GST.”

Corporate Comm India(CCI Newswire)

Recent Posts

Near-Completion Projects See Faster Sales as Execution Risk Becomes a Key Concern

Delhi NCR, April 25, 2026: In India's housing market, the idea of "value" is being…

1 day ago

Stratum at Venus Grounds Office Assets Listed in REIT – A Landmark Moment for Ahmedabad

Ahmedabad, April 25, 2026: In a significant milestone for the commercial real estate landscape, Venus Group…

1 day ago

Mindspace REIT Partners with Global Network for Zero (GNFZ) to Transition Entire Portfolio to a Net-Zero Certification Pathway

~ Reaffirms Commitment to Achieve Net-Zero Emissions by 2042 ~ ~ Among India’s Largest Portfolio-level…

2 days ago

Rama Group Launches Rasvi at Rama World, Strengthening “The Neighborhood” as a Premium Food Destination

Elevates The Neighborhood's curated food ecosystem with Rasvi's premium confectionery and gifting experience National, April 24,…

2 days ago

Aarize Group Appoints Vikas Sharma as Chief Business Officer to Drive Strategic Growth

New Delhi, April 23, 2026: Aarize Group, a fast-emerging real estate developer headquartered in Gurugram,…

3 days ago

Bigbloc Construction Commences Trial Production at Umargaon, Enters Construction Chemicals Segment

Umargaon facility to manufacture block jointing mortar, ready mix plaster and tile adhesives  ·       Enters construction…

3 days ago