Categories: Extras

RBI maintained Status Quo on rates: A disappointing move for the real estate sector – Mr. Arjunpreet Singh Sahni, Executive Director, Solitaire Group

New Delhi, December 07, 2018: “Leaving all the stakeholders of real estate sector high and dry, second time in a row the RBI has maintained status quo on key policy rates which is an utterly disappointing move. Amid falling crude prices, lower than expected food prices and moderation of economic growth all the macroeconomic indicators were in the favour of a rate cut in this monetary policy review. Real estate sector requires a booster shot of positive announcements to improve homebuyers’ sentiments and at this juncture a considerable cut in repo rate is urgently required to boost market momentum.”

Corporate Comm India(CCI Newswire)

Recent Posts

Know About Prateek Group’s Upcoming Premium Residences in Siddharth Vihar, Ghaziabad

Ghaziabad, December 21, 2024: As Delhi-NCR's luxury housing segment grows, the region sees the presence…

3 hours ago

Finding Balance in Design: The Prana Homes Launches Mindful Living Collections

New Delhi, December 21, 2024: Redefining the art of holistic living, The Prana Homes by Pooja…

3 hours ago

Real Estate 2025: Key Platforms Revolutionising the Real Estate Landscape in India

New Delhi, December 20, 2024: The Indian real estate market is undergoing a remarkable transformation,…

1 day ago

Film Producer Madhu Mantena’s Company Acquires Multiple Apartments Totalling Rs. 25.75 Crore in Mumbai: Square Yards

New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini…

1 day ago

Dextrus Announces their 4th Premium Workspace at Mint, Sahar Plaza, Andheri East

Mumbai, December 19, 2024: Dextrus, a leading premium managed workspace provider, is excited to announce their…

2 days ago

Innov8 launches its largest flex space centers in Mumbai in 2 lac sq ft

New Delhi, December 19, 2024: Innov8, India's leading startup, continues its rapid expansion with the…

2 days ago