The continuous improvement in the consumer confidence post-covid, heralds good tidings for the real estate sector. From the historic low of July 2021, following the devastating second covid wave, there has been consistent improvement in the consumer confidence tracked by RBI. In November, the Index reached 62.3, with considerable improvement over the September index of…
Month: December 2021
RBI’s credit policy to boost residential realty growth
The Reserve Bank of India’s latest credit policy, keeping the interest rates unchanged , will keep the momentum of housing recovery going, leading to the growth of residential real estate in the coming months. RBI in its November 2021 credit policy kept the repo rate unchanged at 4 percent.while reverse repo rate was kept unchanged…
Nod to Noida Airport link with Delhi-Mumbai Eway to boost NCR realty
The approval granted by the Uttar Pradesh government to connect Yamuna Expressway and Noida Airport with the Delhi-Mumbai Expressway, will provide a big connectivity boost to the real estate, not just in Noida/Greater Noida, but also the adjoining high potential destinations of Gurgaon and Faridabad in the NCR. The nod given by the Uttar Pradesh…
Rising home prices -signs of improving residential market
The gradual pick up in home prices across India is a clear indicator that the post-pandemic housing market is picking up which is a good sign for the real estate growth in the coming months. According to its recent quarterly report released by the Reserve Bank of India, the all-India Home Price Index (HPI) of…
Jewar airport to be a big booster for real estate growth
Following the foundation stone laying of the Jewar Airport in Greater Noida, by the Prime Minister Narendra Modi, real estate in the NCR region is set for a big growth. The airport will be developed in four phases. The first phase with 2 runways , will…