Welcome to Keeping It Real by @Housing.com!!!
Namaskar. Salaam, Sat Sri Akal, Vanakkam.
Wish you all a very happy 2023.
That’s it from us for this episode. We shall be back again with a fresh episode of Keeping it Real by Housing.com with information and insights on the real estate industry.
Take care and stay safe.
We have created a novel idea to bring you up to speed with news, views, information, and lots more.
So, we thought about an audio solution.
We are back with a fresh episode of Keeping it Real by Housing.com. This is India’s first real estate-focused podcast. It brings to you updates, views, and insights about the realty sector, an explainer on a chosen subject, and a deep dive into an industry trend or topic.
The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) on February 8 raised the repo rate or the rate at which the Reserve Bank of India (RBI) lends short-term funds to banks, by 25 basis points (bps), taking the key policy rate to 6.5 percent.
RBI Governor Shaktikanta Das announced the decision after a three-day meeting of the rate-setting panel.
BYTE of RBI Governor
The rate hike will likely mark the end of the current rate hike cycle, according to top economists. The central bank-led rate setting panel, while hiking the rate, reaffirmed its commitment to fight inflation but indicated that the nascent recovery in the economy needs policy support.
According to Dhruv Agarwala, CEO of Housing.com, PropTiger.com and Makaan.com said, "this is a policy announcement along expected lines as the RBI continues to balance its twin objectives of encouraging economic growth and keeping inflation in check. While banks in India would pass on the 25 bps hike to homebuyers in the form of increased home loan rates, the borrowing rate for home buyers will continue to remain within a comfortable zone. Home buyer sentiment is strong and we don’t see this hike derailing the strong momentum in the residential real estate market."
We expect that at some point in FY 24, the RBI might pause on hiking rates further as more clarity emerges on the global economy and the geopolitical environment.
RJ Annie shares her `mera pehla ghar story’; Reserve Bank of India (RBI) raises its benchmark lending rate by 25 basis points; In conversation with Ms. Ankita Sood, Head of Research at Housing.com, around residential real estate markets of Mumbai and Pune wherein the new supply has accelerated; Trial runs begin on India’s first Regional Rapid Transit System from Delhi to Meerut; and what is the definition, meaning and procedure of transfer of share certificate in a housing society?
Details of all these and much more in this episode.
That’s it from us for this episode. We shall be back again with a fresh episode of Keeping it Real by Housing.com with information and insights on the real estate industry.
Take care and stay safe.
We have created a novel idea to bring you up to speed with news, views, information, and lots more.
So, we thought about an audio solution.
We are back with a fresh episode of Keeping it Real by Housing.com. This is India’s first real estate-focused podcast. It brings to you updates, views, and insights about the realty sector, an explainer on a chosen subject, and a deep dive into an industry trend or topic.
You can catch the episode on Housing.com, on the Housing.com app, on
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