In a bid to rein in inflation, maintain global interest rates parity and ensure the stability of the currency, the RBI in its MPC meet on Friday decided to increase the repo rate by 50 bps for the fourth consecutive time to 5.90%.

Although the increase in the repo rate was along the expected lines, industry experts and developers feel the rate hike does not augur well for the real estate sector, especially the residential segment, as it will result in increased mortgage rates.

Financial Express

PF Desk

India Sotheby’s International Realty (ISIR), a leading real estate consultancy firm, has entered the Bengaluru luxury market with an exclusive marketing mandate from Agrocorp Landbase (P) Limited for the company’s unique living-cum-investment concept of managed vineyard farms.

Moneycontrol.com

Moneycontrol News

The Economic Times

Kailash Babar  & Sobia Khan |  ET Bureau

Financial Express

Vikas Wadhawan

The Economic Times

Diksha Tripathy |  ET Online

Moneycontrol.com

Moneycontrol News

Moneycontrol.com

Moneycontrol News

In a bid to offset the increase in acquisition costs on account of the recent hikes in interest rates by the Reserve Bank of India (RBI) and spiralling commodity prices, developers are doling out a wide range of freebies such as free car parking slots, electric bikes and other schemes to lower the homebuyer’s cost burden.

Apnnews.com

Mumbai

Business Standard

Pratigya Yadav  |  New Delhi