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亚博体育官网首页 loan rates to remain low for a year
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亚博体育官网首页 loan rates to remain low for a year

亚博体育官网首页 loan interest rates will likely continue to remain low for another 6-12 months to enable the best home buying opportunities for home buyers. Speaking at a conference, Keki Mistry, Vice Chairman and CEO, HDFC Limited, said the interest rates have been the lowest in four years.

鈥淭he growth in the economy and the real estate has been sharp,鈥� Mistry said. 


 The prime reasons for the sharp growth in the real estate sector, he said, include stamp duty relaxations by the developers, liquidity infused in the sector by the RBI and multiple other concessions given by the government. 

However, Mistry cautioned, the increasing inflation might exert pressure on the RBI, which will curb its ability to further cut down the rates. Banks have experienced improved quality of balance sheets by distinguishing between the strong and weak developers for lending, avoided over-leveraging and tried to remain well-capitalised.


The feasible housing segment has registered considerable growth of 83%, as per Anarock Property Consultant鈥檚 chairman and founder Anuj Puri. In the July to September quarter, the residential sales are 67% of the Q1 sales of January to March. Puri said that about 23 million sq ft of new office space leasing is expected this year while the REITs will continue to attract foreign investments. 


K Raheja Corp鈥檚 president Neel Raheja observed that zero sales in the initial months of the pandemic saw a severe turnaround as people realised the worth of owning a home. 


Vikram Garg, MD, Blackstone, indicated that global fund managers are bullish on countries like India as global interest rates have been low.

They were speaking at a seminar titled 鈥淚ndia鈥揙pportunities in the Coming Year鈥�, a part of the ongoing virtual Real Estate and Infrastructure Investors鈥� Summit (REIIS) 2020, organised by NAREDCO and Asia Pacific Real Estate Association (APREA).

亚博体育官网首页 loan interest rates will likely continue to remain low for another 6-12 months to enable the best home buying opportunities for home buyers. Speaking at a conference, Keki Mistry, Vice Chairman and CEO, HDFC Limited, said the interest rates have been the lowest in four years.鈥淭he growth in the economy and the real estate has been sharp,鈥� Mistry said.  The prime reasons for the sharp growth in the real estate sector, he said, include stamp duty relaxations by the developers, liquidity infused in the sector by the RBI and multiple other concessions given by the government. However, Mistry cautioned, the increasing inflation might exert pressure on the RBI, which will curb its ability to further cut down the rates. Banks have experienced improved quality of balance sheets by distinguishing between the strong and weak developers for lending, avoided over-leveraging and tried to remain well-capitalised.The feasible housing segment has registered considerable growth of 83%, as per Anarock Property Consultant鈥檚 chairman and founder Anuj Puri. In the July to September quarter, the residential sales are 67% of the Q1 sales of January to March. Puri said that about 23 million sq ft of new office space leasing is expected this year while the REITs will continue to attract foreign investments. K Raheja Corp鈥檚 president Neel Raheja observed that zero sales in the initial months of the pandemic saw a severe turnaround as people realised the worth of owning a home. Vikram Garg, MD, Blackstone, indicated that global fund managers are bullish on countries like India as global interest rates have been low.They were speaking at a seminar titled 鈥淚ndia鈥揙pportunities in the Coming Year鈥�, a part of the ongoing virtual Real Estate and Infrastructure Investors鈥� Summit (REIIS) 2020, organised by NAREDCO and Asia Pacific Real Estate Association (APREA).

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