RBI policy rate hike
On Tuesday, the Reserve Bank of India (RBI) issued “draft guidelines,” with the evident aim of perking up the infrastructure sector. The “draft guidelines” will essentially give the banks the ability to provide partial credit enhancements to bonds which have been for financing infrastructure projects by companies/Special Purpose Vehicles (SPVs). According to the “draft guidelines” [...] Continue Reading »
Mr. C. Shekhar Reddy, President Credai-National, says that the real estate sector has been witnessing high input costs, high cost of funds and a moderate demand over the last few months. The real estate sector has been neglected and requires immediate concern to develop confidence. Mr. Anuj Puri, Chairman and Country Head, JLL India, says [...] Continue Reading »
With the increase in policy rates by the central bank on Tuesday can impact the financial performance of the real estate sector. Increase in policy will have much lower impact on the realtors with strong cash flows. According to a Citibank study, the upward revision in the increase cost will have much lower impact on [...] Continue Reading »
The industry is facing a crunch and the fund gap over the next five years alone would be as high as $70 billion.The move of cutting property prices by 20% following RBI’s increase in repo has come in as a shock and will hit both developers and home buyers given the higher cost of funding, [...] Continue Reading »
With the Reserve Bank of India (RBI) raising key policy rates for the tenth time to control inflation, the base rate (the benchmark rate for all loans) and the prime lending rates (used to determine interest rate for earlier loans) have increased several times. However, while banks have raised the interest rates for their existing [...] Continue Reading »
RBI on June 16, increased key rates for the tenth time in 16 months According to credit rating agency Crisil Ltd, the home loan market’s CAGR is 30 per cent and the total outstanding home loan portfolio is Rs 3.4 trillion. The growth is primarily due to falling property prices in non-metro regions. According to [...] Continue Reading »
After the hike in interest rate by the Reserve Bank of India (RBI) in the recent past, there is a high probability of corporate India getting hit on profits. Hike in interest rate will hurt Earnings Per Share (EPS). According to a report published by Goldman Sachs, under a scenario based on higher crude oil [...] Continue Reading »
Interest rates on all loans will go up. However, there could be some cheer for savings bank account holders as the RBI simultaneously increased interest rates on savings deposits If you were eyeing that swanky house or a cool set of hot wheels, prepare to shell out more to live your dream. Interest rates on [...] Continue Reading »
RBI’s decision to hike policy rates will affect the sentiment of the property market, but will not have any major impact on demand The hike in repo and reverse repo rates by 25 basis points will have a sentimental impact on demand. Real estate developers and consultants on Tuesday said RBI’s decision to hike policy [...] Continue Reading »
