Increase in Repo Rate
In the latest monetary review offered by the Reserve Bank of India on 30th September 2014, the repo rate was kept unchanged at 8% since it was last announced in January 2014. The unchanged repo rate announced by the Reserve Bank of India on 30th September, 2014 at the rate of 8% has been viewed [...] Continue Reading »
Real estate is the second largest employment generating sector, which will be hit by the decision to increase repo rate by the Reserve Bank of India for the third time since May this year. Out of total price of a flat, some 36% amount goes as tax to the government. Since March 2010, the RBI [...] Continue Reading »
