MCHI NEWS

InterIm UnIon BUdget 2019 - Impact on HoUsIng

Publication: TIMES OF INDIA Date : 08 FEBRUARY 2019

InterIm UnIon BUdget 2019 - Impact on HoUsIng Shameem Khan InterIm Finance minister Piyush Goyal presented the interim Union Budget 2019- recently. the real estate sector has its share of views on the impact it would create on housing in the new Year.

RBI RATE CUT NEWS

Rate cut, dip in interest to boost realty sales

Publication: DNA Date : 08 FEBRUARY 2019

RBI's decision to reduce repo and reverse repo rates by 25 basis point (bps) will turn around the realty sector which has been suffering from poor end user demand for some time now, say experts.

RBI rate cut to boost housing demand; more steps needed to improve liquidity: Realtors

Publication: BUSINESS STANDARD Date : 08 FEBRUARY 2019

Realty players and consultants Thursday said the RBI's move to cut lending rate will boost housing demand, but called for more steps to improve liquidity in NBFCs and housing finance companies.

CITY NEWS

Mumbai board lottery: MHADA to construct over 8,000 homes

Publication: THE INDIAN EXPRESS Date : 08 FEBRUARY 2019

The demand for these homes is so high that MHADA received 1.64 lakh applications for 1,395 homes in 2018. In 2017, there were only 819 homes in the lottery, and the year before, the number stood at 810.

REALTY NEWS

Doors open up for home-buyers

Publication: BUSINESS LINE Date : 08 FEBRUARY 2019

If you have been holding on to your decision to buy a dream house for a while, this could be the perfect time as the RBI move to lower interest rates by 25 basis points could make home-ownership cheaper.