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Low home loan interest rate regime to continue: Realtors on RBI policy

Read more about Low home loan interest rate regime to continue: Realtors on RBI policy on Business Standard. The industry hailed the RBI s decision to keep policy rates unchanged

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts

RBI s liquidity, growth supporting measures crucial for recovery from 2nd COVID wave: Experts SECTIONS Last Updated: Jun 04, 2021, 05:27 PM IST Share Synopsis Financial intelligence company Moody s Analytics said with COVID-induced restrictions likely to be eased only gradually, the sharp slowdown in domestic demand is set to weaken revival beyond the June quarter. RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth. The measures announced by RBI to maintain liquidity and support economic growth through lower interest rates will be crucial for recovery from the second wave of the COVID-19 pandemic, experts said on Friday. The RBI in its monetary policy on Friday kept interest rates unchanged at record lows and committed to maintaining an accommodative policy stance to support growth.

Pandemic spurs demand for luxury villas, farmhouses

Pandemic spurs demand for luxury villas, farmhouses SECTIONS Share Synopsis Even as the second wave subsides, more enquiries have started pouring in, said property brokers and developers. That has meant the share of such farmhouse and luxury properties has gone up substantially in the top end of the property market, said Amit Goyal, CEO-India at Sotheby s International Realty. Agencies International buyers are also looking at buying such luxury properties and subsequently, professional management companies have been roped in to manage these luxury houses. Bijwasan and Mehrauli – or Tungarli in Lonavala and the Dona Paula waterfront in Goa - are now much more than just weekend homes for the swish set in Delhi or Mumbai. In Covid-ravaged India, where space in townhouses is a luxury even for the rich, luxury villas and farmhouses – often at locations far from the madding crowd – are drawing affluent city buyers.

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