Below is Perspective on Repo Rate By Mr. Ram Raheja, Director at S Raheja Realty
“We welcome RBI's prudent decision to hike rates, as it will help keeping the rising inflation in check. The recent correction in global commodity prices if sustained may ease cost pressures in coming months. This will eventually benefit the developers and the advantage will be passed on the homebuyers. Going forward India’s real estate will witness more high -ticket purchases with consistent demand from wealthy buyers. Today inflation is flying around 7% and we believe the government is doing whatever it takes to cool inflation.”
A towering name in the fraternity, the group has been consistent in developing numerous landmark projects in luxury housing, dominantly in Mumbai - the financial capital and epitome of luxury in India. In the recent decade, the group ventured into affordable housing in mini-metros and second-tier cities with the motive to deliver quality living at an affordable price. The three generations of promoters are into the real estate market and devotedly stand by the values of ethics, experience, and expertise.
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