Real Estate

Realty sector unhappy over RBI policy stance

Our Bureau Bengaluru | Updated on January 17, 2018 Published on August 09, 2016

The real estate sector feels disappointed with no change in policy rates.

“The last seven months have borne good news for the sector with the passage of the RERA and GST Bills, clarity on REITS and a more than normal monsoon,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.

“A policy rate cut by RBI would have provided a further boost to the industry which is on the cusp of revival whilst improving sentiments going forward,” he said.

Published on August 09, 2016
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