Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, announced receiving fresh ratings for proposed Non-Convertible Debenture (NCD) borrowing programmes from ICRA and India Ratings and Research Private Limited for INR 2,000 crore and INR 2,500 crore, respectively. Additionally, the long-term rating for existing bank facilities of INR 4,500 crore was reaffirmed at [ICRA]AA+/[ICRA]A1+ along with the existing NCD of INR 3,000 crore reaffi...
ICRA and India Ratings and Research Private Limited assign proposed NCD programmes of Godrej Properties Limited for INR 2,000 crore and INR 2,500 crore
As we await the RBI's monetary policy decision on the repo rate, let us examine the factors involved, and their implications on the Indian housing market.
There can be various reasons for a hike in the repo rate, including inflationary pressure, rising food and fuel prices, excessive growth in the money supply, weakening of the Indian rupee, global economic factors such as a significant increase in international crude oil prices or global market instability, inflation expectations, and...
Impact of High Interest Rates on Home Buyers Across Segments By Akash Pharande, Managing Director - Pharande Spaces
