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indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

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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. ....

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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. ....

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