The Reserve Bank of India’s decision to reduce the repo rate by 25 basis points to 6.25% on Friday after maintaining it for 11 successive meetings since February 2023 is expected to help push demand for residential properties across the country.The reduction in the repo rate is expected to make housing loans more affordable for…
Realty developers’ body the National Real Estate Development Council (NAREDCO) has urged the government to resolve regulatory challenges that hinder real estate development in major cities like Mumbai, Chennai, and Kolkata.In bid to help resolve the issue, the developers’ body has made certain recommendations that were discussed during a recent meeting with a Joint Working…
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