India December 07, 2016
SARE HOMES - RBI Policy Announcement. “With inflation rate and fiscal deficit under control, there was a general sense of expectation that RBI will reduce key policy rates. A reduction could
have had a positive impact for the real estate sector which is troubled by the increasing burden of development and borrowing costs. However, we are confident this decision has been accommodative of the structural reforms initiated by the Government and support it in the creation of a sustained growth
for the economy that will allow us to reap its benefit.”
Respondent – Mr. Vineet Relia, Managing Director – SARE Homes
