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Below Perspective On RBI MPC Announcement By Mr.Amarendra Sahu Founder & CEO, NestAway Technologies "The RBI hiking rates will make home loans dearer, thereby push prospective homebuyers to opt for rental. The repo rate now is near 4.5 year high and likely to stay higher for an extended period of time. Mortgage rates are now again at or even higher than they were prior to COVID. This will probably give the rental market more traction. Renting will become significantly more afforda...
Perspective RBI MPC Announcement By Mr.Amarendra Sahu, NestAway Technologies
Perspective on RBI MPC Annoucement By Mr. Amarendra Sahu, Founder and CEO, NestAway Technologies "As expected the RBI has hiked key rates by 50 bps in an effort to control inflation and provide support to the currency. With this hike, the rates have gone up by 190 bps cumulatively this calendar year alone. The hike in rates will push up the rates for homebuyers, further affecting housing affordability. The trend of the workforce returning back to the workplace and the ris...
RBI MPC Annoucement : The rise in economic activities will likely keep rates elevated for longer than expected Says Mr. Amarendra Sahu, NestAway Technologies
Perspective on Average monthly rent of luxury homes up by 8-18% By Mr. Amarendra Sahu, Co-Founder, NestAway Technologies "The rental in key cities across the country is rising to surpass the pre-pandemic levels. This is very much on expected lines. The rental for key CBDs and luxury properties corrected the most due to the pandemic and the extended work from home post that. The unlock with businesses advising their workforce to report to the office for work has meant a retur...
Average monthly rent of luxury homes up by 8-18% Says Mr. Amarendra Sahu, NestAway Technologies
Mumbai – Unity Small Finance Bank Limited (Unity Bank), a new age, digital first bank, has appointed Inderjit Camotra, as it’s Managing Director & Chief Executive Officer. Inderjit is a Senior Banker with over 25 years of experience across India in leadership positions at Standard Chartered Bank, ANZ and Citibank. His appointment has been approved by the Reserve Bank of India (RBI) and Unity Bank’s Board. Inderjit graduated from I.I.T. Delhi and pursued...
Senior Banker, Inderjit Camotra Appointed MD & CEO of Unity Small Finance Bank
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