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Manthan School ground floor with 40 bed capacity operational as COVID isolation centre

Manthan School ground floor with 40 bed capacity operational as COVID isolation centre
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Mahagun gives Manthan School ground floor to Noida Authority for COVID isolation centre

 Noida: As the nation grapples with the second wave of Corona, several private organisations have stepped in to assist the government in caring for COVID patients. Mahagun Group, a well-known real estate developer in the region, has also decided

Realtors expected more from RBI MPC

Realtors expected more from RBI MPC Posted On: 2021-04-07 04:37:54 (Time Zone: Arizona, USA) The RBI has maintained its accommodative stance until it sees an appropriate time to drive economic growth without jeopardizing its key goal of taming inflation. With the recent increase in Covid 19 incidents, the Apex bank is faced with the challenging task of balancing inflationary pressures to avoid a rise in borrowing costs. To keep inflationary pressures in check and sustain financial stability, it is expected that the central bank to pursue policy normalization in the second half of FY22. While it is understandable that the repo rate remains unchanged, the real estate sector s need for special steps cannot be overlooked.

YEIDA: Infrastructure projects on Yamuna expressway will help recovery of real estate sector, say developers

Synopsis “Besides Noida and Greater Noida, the biggest and the most effective positive impact will be seen on the housing, office and retail market of Faridabad which is being connected with expressways, highways and metro rail for easy accessibility,” said Mohit Goel, CEO, Omaxe Ltd. First look: Proposed Jewar Airport passenger terminal in Noida, UP Approval of a 700-acre Electronic City project near the upcoming Noida International Airport by the Uttar Pradesh cabinet will further boost the real estate demand in Noida, according to developers. The Yamuna Expressway Industrial Development Authority (YEIDA) will acquire land for the project and allot it to the companies.

RBI Monetary Policy - Feb 2021 - Even after RBI s status quo, developers optimistic about realty growth

RBI Monetary Policy - Feb 2021 - Even after RBI s status quo, developers optimistic about realty growth Posted On: 2021-02-05 22:34:41 (Time Zone: Arizona, USA) As the MPC voted unanimously to keep rates steady, the RBI retained the status quo and Repo rates unchanged at 4 per cent. The Apex bank, however, has shown optimistic stance for economic growth as it expects GDP to grow at 10.5 per cent. The real estate sector expected some announcements, but it has to rely only on announcements made in the last few months. Real estate experts say the market is strong, and the RBI s new status quo will not have any adverse effect on it.

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