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RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.
Mr.Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.
“The RBI has always taken a proactive stance to ensure liquidity in the past few months, and has continued it’s accommodative policy stance amid the renewed Covid threat from the Omicron variant. It is imperative that low mortgage rates would continue, at least till the end of the year. This will provide required fuel for the growth of the economy along with the real estate industry to which several other allied sectors are linked with. We at NAREDCO have already urged the State Government to reconsider their decision and reinstate the stamp duty reduction for another year so as to encourage home buyers and invest in their dream homes.”
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