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Luxury housing will set real estate trend for 2023: Experts

Experts in the real estate sector said the luxury housing market, which had been dominating India s realty scene for two years, will continue through 2023. ....

West Bengal , Andhra Pradesh , Aditya Kushwaha , Vinit Dungarwal , South East Asia , National Capital Region , Chief Executive Officer , Axis Ecorp , Axis Yog Villas , Axis Lake City , Project Consultants , Delhi National Capital Region , Middle East , Ews India ,

RBI weighs in favour of sustainable economic growth, hikes rates to a 3-year-high of 5.9 per cent, real estate industry reacts

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 ....

New Delhi , Aditya Kushwaha , Samantak Das , Vinit Dungarwal , Director Axis Ecorp , Project Consultants , Chief Economist , New Delhi India , Ctober 4 Ani Pnn Rbi 39s Monetary Policy Committee Mpc , Hich Determines Interest Rates , Pted To Raise The Policy Repo Rate By 50 Basis Points 5 9 Per Cent With Immediate Effect This Decision Was Taken After Three Days Long Sessions That Concluded On September 30 At Post Monetary Press Conference , He Rbi Governor Said , Uot There Are Two Components In The Monetary Policy Framework Growth And Inflation Mpc Decisions Based On Twin Objectives , Ith Primacy Given To Price Stability Rbi Has Also Lowered Its Gdp Growth Forecast For The Current Financial Year 7 Per Cent From An Earlier Estimate Of 2 Inflation Beena Major Concern And Been Maintained At 6 This Is Fourth Consecutive Hike In Repo Rates , Ollowing The 40 Basis Points Increase In May , Nd 50 Basis Points Hike Each In June And August Analysts Have Voiced That There May Be Another December While These Steps Seem Necessary But They Thwart The Growth Momentum , Specially In The Real Estate Sector Commenting On Current Hike , Aditya Kushwaha , Eo And Director Axis Ecorp Says , Uot In Recent Times , Bi Has Been Adopting Measures To Curb Inflation And Ensure Sustainable Economic Growth Today 39s Announcement Increase The Repo Rate By 50 Basis Points Is In Line With This However , T Will Havea Cascading Impact On The Interest Rates And Msmes 39 Borrowing Expenses Also Swell Despite Increase In , He Market Sentiments In The Real Estate Sector Continue To Be Positive We Believe That Festive Offers And Discounts With Help Mitigate Impact Of Current Hike Are Hoping Once Inflation Is Checked , Hese Rates Will Be Relooked At Quot Vinit Dungarwal , Ms Project Consultants , Uot The Last Two Years Have Been Difficult For Real Estate Industry ,

MOPA Airport will change the fortunes of Goa and the Sindhudurg region

Panjim (Goa) [India], September 10 (ANI/PNN): The much-awaited MOPA project is expected to be operational soon. It is one of the region's most anticipated projects, and rightly so. T` current airport in Goa has been undeserving the region. It does not have the requisite infrastructure nor scalability. With the MOPA airport, these problems will soon be a thing of the past. Analysts are expecting an influx of tourists to the entire Konkan belt. The result will be an overall development of the area. It is expected that this development will rub off on the real estate sector as well. Property prices in the area will increase dramatically after operations begin, according to a study by 360 Realtors, one of India's top real estate advisors. In the next 12 months, property values in the airport's immediate vicinity, where the current average price per square foot is Rs 6,700, can increase by 27.8 per cent. According to data by 360 Realtors, the average price of a home has grown ov ....

Aditya Kushwaha , Yog Vilas , Vinit Dungarwal , Axis Ecorp , Axis Blues , Axis Yog Vilas , Axis Lake City , Axis Yog Villas , Axis Lake , Project Consultants , Panjim Goa India , Eptember 10 Ani Pnn The Much Awaited Mopa Project Is Expected To Be Operational Soon It One Of Region 39s Most Anticipated Projects , Nd Rightly Sot Current Airport In Goa Has Been Undeserving The Region It Does Not Have Requisite Infrastructure Nor Scalability With Mopa , Hese Problems Will Soon Bea Thing Of The Past Analysts Are Expecting An Influx Tourists To Entire Konkan Belt Result Be Overall Development Area It Is Expected That This Rub Off On Real Estate Sector As Well Property Prices In Increase Dramatically After Operations Begin , Ccording Toa Study By 360 Realtors , Ne Of India 39s Top Real Estate Advisors In The Next 12 Months , Roperty Values In The Airport 39s Immediate Vicinity , Here The Current Average Price Per Square Foot Is Rs 6 , An Increase By 27 8 Per Cent According To Data 360 Realtors , He Average Price Ofa Home Has Grown Over The Last Four Years Ata Cagr Of 3 9 Per Cent Following Opening Airport , Here Will Be An Increase In Real Estate Investment And Tourism Activity , Hich Will Be The Cause Of Price Increase Average Real Estate Prices In Neighbouring Sindhudurg Region , Hich Is Alsoa Popular Location For Second Homes And Natural Resorts , Ay Rise By 29 2 Per Cent Yearly Currently , He Average Cost Per Square Foot Is Rs 4 , 921 Property Prices In Sindhudurg Have Increased On Average Ata Cagr Of 6 8 Per Cent Over The Last Four Years Commenting Mopa Airport ,

Data centre industry has Rs 1.20 lakh crore investment in pipeline: Report

Data centre capacity in India is estimated to post a five-fold jump in the next five years and attract an investment of around Rs 1.20 lakh crore during this period, as per a recent report by rating agency ICRA. ....

Andhra Pradesh , Tamil Nadu , Nirmala Sitharaman , Knight Frank , Vinit Dungarwal , Rajeshwar Burla , Aditya Kushawaha , Mantra Group , Adani Group , Ams Project Consultants Pvt Ltd , Hiranandani Group , Group Head , Data Centre , Finance Minister Nirmala Sitharaman , Indian Data , Navi Mumbai , Project Consultants Pvt , Axis Ecorp , Corporate Ratings , Ews India ,

India: Repo rate hike by RBI to make home loans costlier, say experts

The Indian apex bank announced a hike by 40 basis points in the lending rate ....

Aditya Kushwaha , Samantak Das , Vinit Dungarwal , Shaktikanta Das , Ams Project Consultants Pvt Ltd , Economist Head Of Research , Reserve Bank , Project Consultants Pvt , Chief Economist , Home Loans ,