Thursday, October 19, 2017

Impact of RBI’s fourth bi-monthly monetary policy on the real estate sector : Kamal Khetan, Chairman & Managing Director, Sunteck Realty Ltd
Wednesday, October 4, 2017 - 9:02:56 PM - By Kamal Khetan, Chairman & Managing Director, Sunteck Realty Ltd
Share With

 Top news
Kamal Khetan, Chairman & Managing Director, Sunteck Realty Ltd
“The RBI's decision to keep the key policy rates unchanged is on expected lines, considering its priority is now to support the economic growth. For home loan borrowers, this doesn't bring in any change as the customer would have to wait for the next reset date to avail the benefit.

Whereas from a developers perspective, we anticipate most aspiring home buyers to make the purchase decisions during the festive season. We welcome RBIs measures to ensure faster rollout of the affordable housing program, close the severe infrastructure gap; restarting stalled investment projects, particularly in the public sector; enhancing ease of doing business, including by further simplification of the GST; and ensuring with time-bound single-window clearances and rationalization of excessively high stamp duties by states.”

~ Kamal Khetan, Chairman & Managing Director, Sunteck Realty Ltd.
Kamal Khetan
CMD
Sunteck Realty Ltd
impact
RBI’s fourth bi-monthly monetary policy
real estate sector