News

Comment On Knight Frank Report - Housing Sales Down 1pc in H1 By Mr. Amit Goyal, India Sotheby`s International Realty Below View on Knight Frank Report - Housing Sales Down 1pc in H1 By Mr. Amit Goyal, Managing Director, India Sotheby's International Realty The residential market in India has been experiencing sustained growth since 2020. In the calendar year 2022, housing sales also reached an all-time high. We see this very minor moderation in the June 2023 quarter,  as a brief pause, mostly due to a decline in ready to move in quality inventory in good locations of top seve...
Comment On Knight Frank Report - Housing Sales Down 1pc in H1 By Mr. Amit Goyal, India Sotheby`s International Realty
Comment On Knight Frank Report - Housing Sales Down 1pc in H1 By Mr. Amit Goyal, India Sotheby`s International Realty
Source: PR Agency
4/07/2023 3:06:26 PM
Reaction on RBI Policy By Mr. Amit Goyal, India Sotheby`s International Realty Below Reaction on RBI Policy By Mr. Amit Goyal, Managing Director, India Sotheby's International Realty In line with expectations, the Reserve Bank of India (RBI) has maintained the policy rate at 6.5% for the second consecutive time, following a series of six consecutive rate hikes. The RBI's decision reflects their cautious approach in light of the persistent inflationary pressures and their potential impact on domestic consumption growth. However, the positive ...
Reaction on RBI Policy By Mr. Amit Goyal, India Sotheby`s International Realty
Reaction on RBI Policy By Mr. Amit Goyal, India Sotheby`s International Realty
Source: PR Agency
8/06/2023 3:04:36 PM
India Sotheby`s International Realty clocks record sales transactions valued at $450 million, in FY23. India Sotheby’s International Realty (India SIR) is pleased to announce a growth of over 50% in the gross sale property turnover for the FY 2023 over FY 2022. The sales value of real estate transacted for the FY 2023 stood at $450 million vs $300 million. The firm focusses primarily on luxury residential sales and large capital market property transactions.   The firm grew its property inventory by over 30% which currently stands at over $1 bn. South &am...
India Sotheby`s International Realty clocks record sales transactions valued at $450 million, in FY23.
India Sotheby`s International Realty clocks record sales transactions valued at $450 million, in FY23.
Source: PR Agency
11/04/2023 4:13:48 PM
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty Below Quote on West Bengal Budget By Mr. Amit Goyal, CEO, India Sotheby’s International Realty In the backdrop of increasing home loan rates and no significant benefits announced in the union budget for FY24 for homebuyers, the West Bengal government’s decision to extend the rebate in stamp duty for another six months i.e. till September 30 is a respite. The decision will help in maintaining the demand in the housing sector. Incentives like relief in the stamp duty and reg...
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty
Source: PR Agency
16/02/2023 11:25:21 AM
RBI Monetary Policy Reaction : We are optimistic and expect the housing demand to remain intact Says Amit Goyal, India Sotheby`s International Realty Below Quote on RBI Monetary Policy Announcement By Mr. Amit Goyal, CEO, India Sotheby’s International Realty The rate hike of quarter basis point by the central bank is on expected lines. Inflation is still above RBIs comfort levels and considering the evolving inflation outlook,  it's important to ensure inflation remains within the tolerance band and progressively aligns with the target. The good news is that amid volatile global developments, the Indian economy remai...
RBI Monetary Policy Reaction : We are optimistic and expect the housing demand to remain intact Says Amit Goyal, India Sotheby`s International Realty
RBI Monetary Policy Reaction : We are optimistic and expect the housing demand to remain intact Says Amit Goyal, India Sotheby`s International Realty
Source: PR Agency
8/02/2023 4:18:12 PM
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty Below are Views On Post Budget Reaction By Mr. Amit Goyal, CEO, India Sotheby’s International Realty This year’s budget touched upon the most critical issue for the revival and growth of the affordable housing segment. PMAY's budgetary allocation increased by 66%, which is good news for affordable housing. The new allocation of Rs 79000 crores in the budget 2022-23 will help countless Indians realise their home aspirations. Also, the increased allocation will lead to m...
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty
Source: PR Agency
1/02/2023 5:26:42 PM
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt Below are Views On Post Budget Reaction By Mr. Amit Goyal, CEO, India Sotheby’s International Realt The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy.  The increased allocation to housing projects under PM Awas Yojana by 66% to Rs 79,000 crore will certainly help the affordable housing segment. Rationalization of tax slabs and enhancement of tax rebate is going to benefit the middle cla...
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt
Source: PR Agency
1/02/2023 5:16:09 PM
2/3rd of HNIs & UHNIs are bullish on real estate finds India Sotheby`s International Realty`s annual survey *  74% of wealthy buyers also believe real estate is an important asset class to hedge inflationary. *  61% HNIs & UHNIs affirmed their desire to buy luxury properties in 2023-24 * High Rise Apartments (34%), farmhouses and holiday homes (30%) emerged as the preferred choice of buyers, jostling for almost equal attention of wealthy Indians. * Properties in the price range of INR 4 -10 crore preferred by almost 65% of HNIs, while 13% are willing to spend upwards of ...
2/3rd of HNIs & UHNIs are bullish on real estate finds India Sotheby`s International Realty`s annual survey
2/3rd of HNIs & UHNIs are bullish on real estate finds India Sotheby`s International Realty`s annual survey
Source: PR Agency
19/01/2023 3:04:32 PM
Quote on Monetary Policy by Mr Amit Goyal, India Sothebys International Realty Below is quote on Monetary Policy by Mr Amit Goyal, CEO, India Sotheby's International Realty In the last 5 months, RBI increased the repo rate by 190 basis points, from 4% In April to 5.90% now. The RBI has taken into consideration the broader economic and liquidity scenario and needs to curb the inflation further. Falling rupee is also a major concern amidst global uncertainty, besides high fuel prices. It is important to understand that policy rates and regulation wil...
Quote on Monetary Policy by Mr Amit Goyal, India Sothebys International Realty
Quote on Monetary Policy by Mr Amit Goyal, India Sothebys International Realty
Source: PR Agency
30/09/2022 1:06:59 PM
Reaction of Industry Leaders on RBI MPC Announcement Below are Quotes of Industry Leaders on RBI MPC Announcement Ramesh Nair, CEO, India and Managing Director, Market Development, Asia, Colliers "RBI hiked the repo rate for the third time in a row by 50 bps to 5.4% as the government tries to control inflationary pressures. With this, the repo rate has now increased by 140 bps in the last 3 months, with the rate hovering above pre-pandemic levels. Domestic economic activities remain resilient despite the challenging global fina...
Reaction of Industry Leaders on RBI MPC Announcement
Reaction of Industry Leaders on RBI MPC Announcement
Source: PR Agency
5/08/2022 4:00:24 PM
Loan EMIs to rise as RBI increases repo rate by 50 bps The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 per cent to contain inflation. Several banks have already raised their borrowing rates and some will again increase their rates after this hike by the central bank. "For any financial institution including NBFCs Cash in the Inventory. All NBFC must borrow money from the market and then lend to customers. Difference between borrowing cost and lending income is t...
Loan EMIs to rise as RBI increases repo rate by 50 bps
Loan EMIs to rise as RBI increases repo rate by 50 bps
Source: IANS
5/08/2022 3:09:02 PM
Quote on RBI Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty Below is quote on RBI Monetary Policy by Mr Amit Goyal, CEO, India Sotheby's International Realty RBI decision to hike the policy rates is on the expected lines. With inflation lingering obstinately high, RBI had little choice. We hope the hike in repo rate would rein in rising commodity prices and ensure sustainable growth in the long term. At the same time, we don't see any major impact of the demand side in the housing market, which continues to remain strong...
Quote on RBI Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty
Quote on RBI Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty
Source: PR Agency
8/06/2022 11:24:25 AM
Expert views on the Pre-Budget from Consultancy Quote on the Pre-Budget from Consultancy Mr. Amit Goyal, CEO, India Sotheby’s International Realty Right at the top of the industry's wishlist has been the enhancement of the income tax deduction limit against home loans. The current deduction limit of Rs. 2 lakh per annum has remained unchanged for several years. We hope Finance Minister Nirmala Sitharaman will accept this demand and raise the tax offset on home loan interest to at least Rs 5 lakh.  This single move ...
Expert views on the Pre-Budget from Consultancy
Expert views on the Pre-Budget from Consultancy
Source: PR Agency
14/01/2022 2:58:25 PM
Quote on Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty Below is quote on Monetary Policy by Mr Amit Goyal, CEO, India Sotheby's International Realty We welcome RBI's status quo on policy rates. This means that the home loan interest rate will remain at the current level of sub 7% per annum. Besides that, the Governor rightly said in his statement that recent reduction in excise duty and state VAT on petrol and diesel will support consumption demand by increasing purchasing power.  We expect demand in the housing m...
Quote on Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty
Quote on Monetary Policy By Mr Amit Goyal, India Sotheby's International Realty
Source: PR Agency
8/12/2021 12:31:42 PM
Quote on Monetary Policy by Mr Amit Goyal, India Sotheby's International Realty Below is quote on Monetary Policy by Mr Amit Goyal, CEO, India Sotheby's International Realty We welcome RBI's status quo on policy rates. This will mean a  continuation of low home loan rates which will keep the demand momentum for homes going. In the last couple of months, we have witnessed a further reduction in interest rates of home loans to 6.5% per annum by leading financial institutions.   The RBI governor also announced that there are strong sign...
Quote on Monetary Policy by Mr Amit Goyal, India Sotheby's International Realty
Quote on Monetary Policy by Mr Amit Goyal, India Sotheby's International Realty
Source: PR Agency
8/10/2021 12:37:36 PM