MCHI NEWS

Nayan Shah Newly Elected President Of CREDAI-MCHI Requests CM To Set Up War Room

Publication: ACCOMMODATION TOMES Date : 02 AUGUST 2018

The approach of CREDAI MCHI will be to collaborate with Maharashtra government ensure that the state becomes trillion dollar economy

PM ready to remove bottlenecks, but builders need to speak up: Deepak Parekh, HDFC Group

Publication: ET REALTY Date : 02 AUGUST 2018

MUMBAI: In a blunt message to realty developers complaining about approval delays, industry leader Deepak Parekh has said most of them are reluctant t

REPO RATE NEWS

Home loans set to get costlier as RBI hikes repo rate

Publication: ET REALTY Date : 02 AUGUST 2018

Repo rate is the rate at which the central bank lends money to the banks. The RBI also hiked the reverse repo rate (which now stands at 6.25 %)

Inflation-spooked RBI goes for second straight rate hike

Publication: MINT Date : 02 AUGUST 2018

Mumbai: The Reserve Bank of India (RBI) resorted to a back-to-back interest rate hike for the first time in almost five years to curb inflation and pre-empt a rout of the rupee as the global trade war escalates.

REALTY NEWS

Real estate revival likely to be delayed

Publication: BUSINESS LINE Date : 02 AUGUST 2018

MUMBAI, AUGUST 1 The rate-hike by the central bank could further hurt the real estate sector. According to industry experts, the increase would dampen buyers’ sentiments.

Piramal Capital and Housing Finance invests in multiple realty projects in NCR

Publication: MINT Date : 02 AUGUST 2018

Piramal Capital MD Khushru Jijina said the transactions show investment decisions are based on backing the developer partner first, before the project and the place