Categories: LatestMarket

Views on latest RBI Announcement by Mr. Ravindra Sudhalkar, CEO at Reliance Home Finance

New Delhi, May 23, 2020: This is yet another positive step taken by the RBI to boost liquidity situation in the economy, which would also provide reprieve to both buyers and developers of real estate. The measures to extend moratorium period by three months till August 31st will ease the stress on buyers and developers to honour their loan commitments. By allowing the accumulated loans to be converted to term loans, the borrowers will get more time to rework their financial obligations till the cash-flow situation improves. The Repo rate cut by 40 basis points to 4% will encourage banks to increase their lending to HFC s and NBFCs. This will automatically translate into greater liquidity for the real estate sector and greater incentive for buyers to invest in properties.

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

Ganpati Group to invest ₹2,000 Crore in Residential and Hospitality Expansion

Mumbai, September 17, 2026: Ganpati Group, a diversified real estate and hospitality conglomerate, today announced an…

8 hours ago

India’s Rental Residential Housing Market Holds INR 7.53 Lakh Crore Demand Potential

New Delhi, September 11, 2026: Magicbricks, India's leading real estate platform, today announced the release of…

6 days ago

MRG Group Expands MRG Crown Clubhouse to 30,000 Sq. Ft., Launches Club Jewel

Mumbai, September 11, 2026 : MRG Group has expanded the clubhouse at its premium residential…

6 days ago

TERRAY REALTY LAUNCHES TO SET A NEW BENCHMARK IN REAL ESTATE MANDATES AND ADVISORY

Bengaluru, September 08, 2026: Terray Realty, a new age real estate mandate and advisory firm, has…

1 week ago

GVP Realty Unveils ₹600 Crore+ MANSION XXI, an Ultra-Luxury Sea-Facing Landmark at Bandra Bandstand

MUMBAI, September 08, 2026: As demand for landmark residences continues to reshape Mumbai's luxury real estate…

1 week ago