Categories: Market

Views by Mr.Rahul Grover-CEO, SECCPL on the recent announcement of RBI repo rate cut

New Delhi, October 05, 2019: “With a continuous effort of reviving the growth of the industry, the recent announcement of the RBI rate cut will enliven the consumer sentiments towards investment and consumption. With the onset of the festive season, the RBI has ensured a much needed brief rest to the stressed real estate sector. The new rate cut and as per recent RBI mandate, new home loans will be directly impacted by the new repo rate resulting in a reduction in lending rate. This will help push the demand-side helping it improve the sales and overall economy.”
Corporate Comm India (CCI Newswire)
The Property Times News Bureau

Share
Published by
The Property Times News Bureau
Tags: Rahul GroverRBIRepo Rate CutSECCPL
5 years ago

Recent Posts

Champion REIT Recognised as ‘GRESB Global Listed Sector Leader’

- Sustainability Leadership Shines in 'GRESB Real Estate Assessment' and 'GRESB x HERA Standing Investment…

18 hours ago

GCCA India joins hands with Xynteo’s Build Ahead coalition to decarbonise India’s construction sector

Mumbai, November 06, 2024: The Global Cement & Concrete Association (GCCA) India and Xynteo announced…

18 hours ago

Sohna emerges as new micro-market in Delhi-NCR; set to add 16000+ residential units in 3 years

New Delhi, November 05, 2024: Haryana’s Sohna is emerging as a new micro-market in the…

2 days ago

Neo Developers Pvt Ltd. Appoints Manpreet Kaur as President – Sales

New Delhi, November 04, 2024: Neo Developers, a leading real estate company has announced the…

3 days ago

Renny expands its product range with focus on Green Manufacturing and New Solutions

New Delhi, November 02, 2024: Renny, a frontrunner in the building materials industry, continues to lead…

5 days ago

Rajkot Municipal Corporation Raises Rs 100 Crore Through Bond Issue to Boost Infrastructure & Community Services

New Delhi, November 01, 2024: To boost infrastructure and community services, Rajkot Municipal Corporation raised…

6 days ago