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Panaji (Goa) [India], November 7 (ANI/PNN): According to international real estate consultant Savills, Goa has become a favourite location for people looking to purchase a second home because of its high rental yields. The report also adds that this rental yield ranges from 4 to 10 per cent. Goa is known for its pristine beaches, party vibe, nightlife, local markets and food. While many are drawn to Goa for these reasons, there are others who are now flocking to the state seeking tranquillity and peace. The villages of Goasuch as Assagao, Siolim, Saligao, and the river islands like Diwar and Chandor offer plenty of choices for these homebuyers. Aditya Kushwaha, CEO and Director of Axis Ecorp, says, "Goa's real estate market has been on a fast track in the post-pandemic phase. The state's rich culture, beaches, architecture and natural beauty make it a top choice for buyers looking for a second home. Holiday homes and villas have been one of the major drivers for this growt
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New Delhi [India], October 4 (ANI/PNN): RBI's monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 50 basis points to 5.9 per cent with immediate effect. This decision was taken after three days-long sessions that concluded on September 30. At the post-monetary policy press conference, the RBI governor said, "There are two components in the monetary policy framework - growth and inflation. MPC decisions are based on twin objectives, with primacy given to price stability. RBI has also lowered its GDP growth forecast for the current financial year to 7 per cent from an earlier estimate of 7.2 per cent. Inflation has been a major concern and has been maintained at 6.7 per cent. This is the fourth consecutive hike in repo rates, following the 40 basis points increase in May, and 50 basis points hike each in June and August. Analysts have voiced that there may be another hike in December. While these steps seem necessary but they
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