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

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…

1 day 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…

1 day 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,…

2 days 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…

2 days 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…

3 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…

3 days ago