Sustainability is reshaping the future of real estate in India. By integrating energy efficiency, water conservation, eco-friendly materials, smart city solutions, and social considerations, the sector has to work harder to create environmentally responsible and socially inclusive spaces.
Naredco President Rajan Bandelkar hailed the RBI move, saying it will help the housing sector that has been performing well from the past two years.
नारेडको के अध्यक्ष राजन बंडेल्कर ने आरबीआई के कदम की सराहना करते हुए कहा कि इससे आवास क्षेत्र को मदद मिलेगी, जो पिछले दो साल से अच्छा प्रदर्शन कर रहा है। हालांकि, इसके साथ ही उन्होंने कहा कि कुछ और ऐसी घोषणाओं की जरूरत है, जिससे क्षेत्र को और प्रोत्साहन मिल सके।
Commenting on the same, Dr Niranjan Hiranandani, National Vice Chairman, NAREDCO, said, “India Inc hails accommodative stance of RBI with recurrent pause in repo rate hike at 6.50% as record high inflation eases off gradually. As a snowball effect, respite in homeloan interest rate will augur well to fuel uptick in housing sales across the segments. Now, the discerning homebuyers should avail the benefits of cooling inflation, stable home loan rates, conducive real estate market dynamics in the backdrop of buoyancy in GDP growth, domestic demand and availability of sufficient liquidity.
Real estate industry body Naredco's President Rajan Bandelkar hailed the RBI move, saying it will help the housing sector that has been performing well from the past two years. Nonetheless, he said, adding the sector needs announcements that could further fuel the growth.
“As a snowball effect, respite in home loan interest rate will augur well to fuel uptick in housing sales across the segments. Now, the discerning homebuyers should avail the benefits of cooling inflation, stable home loan rates, conducive real estate market dynamics in the backdrop of buoyancy in GDP growth, domestic demand, and availability of sufficient liquidity,” said Niranjan Hiranandani, National Vice Chairman, NAREDCO.
“A respite in the home loan interest rate will augur well, fuelling an uptick in housing sales across segments… A hiatus in the interest rate hikes will act as a growth catalyst and boost sales velocity,” said Niranjan Hiranandani, National Vice Chairman of the National Real Estate Development council, and cofounder and MD of the Hiranandani Group.
