Sanghvi Group’s input in new credit policy of RBI
The Sanghvi Group of Companies has evolved into one of the most prominent real estate developers in Mumbai.
Director of Sanghvi Group of Companies welcomed the new credit policy of the Reserve Bank of India.
The group feels that the reduced cost of accessing funds by developers will aid in accelerating project execution which were stagnated or delayed due to lack of funds.
According to the Director, the decision of RBI will work as a catalyst to increase demand from end users across segments as the interest rates for home loans are likely to be reduced.
The Group is a member of the Maharashtra Chambers of Housing Industry (MCHI) and Jain International Trade Organization (JITO).
The Group has established an immense level of credibility in the field of real estate, developing well designed projects of commendable quality.
More related stories:
RBI further puts new bracket in home loans
Source Money control
credit policy, fund availability, Home loans, Jain International Trade Organization, Maharashtra Chambers of Housing Industry, Project execution, real estate developers in Mumbai, Reserve Bank of India, Sanghvi Group of Companies
Keep posting such stories in the future..Good work..
@ramakrishna: the decision was that the reduced cost of accessing funds by developers will aid in accelerating project execution which were stagnated or delayed due to lack of funds.
What was the decision by RBI?? Could you please elaborate?
Worth reading! Nice post..
I think they are a good group of companies and Mumbai will certainly have a favourable spot for them..