What Rohit Gera, MD, Gera Developments Has To Say About The Repo Rate

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Gera Developments welcomes RBI Governor move Rohit Gera- MD, Gera Developments added "We welcome the move by the governor of the RBI to reduce the Repo rate by 50 Basis points.

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Mr. Rohit Gera, MD, Gera Developments and VP CREDAI Pune Metro said "The increase in the repo rates will not have much of an impact as far as the real estate sector is concerned. A 25 basis point increase in the average lending rate which is approximately 8.5% currently to 8.75 % increases the monthly EMI by less than rupees 16 per lakh.

Rohit Gera, Managing Director, Gera Developments and VP credai pune metro. The reduction of the repo rate by 25 bps is a welcome step. We look forward to the banks and Financial Institutions transmitting this to home buyers at the earliest. This reduction when passed on will improve the affordability for all segments.

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Rohit Gera, MD, Gera Developments: The govern-ment must focus on the entire sector and not on affordable housing alone. I believe the gov-ernment over estimated that more developers would switch over to affordable housing with the sops being offered. This shift has not hap-pened. The boost that the real estate sector SPML Infra

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Mihir Vora – Director & chief investment officer, Max Life Insurance on RBI Monetary Policy, The monetary policy committee (mpc) of the RBI changed its policy stance from "Calibrated tightening" to "Neutral" and cut the Repo rate by 25 bps. The Committee voted 4-2 in the favour of the cut.

NTPC and JKSPDCL will share equity in the ratio of 67:33 in the joint venture company for undertaking exploration, development. company’s Managing Director rohit gera told agency here. "The Cabinet.

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I am sure that the first expression on my parent’s face on my birth as a female child born to Hindu parents living in Kandhkot would have been that of fear also. whilst they still could. I wanted.

have teen deferring their purchase deci- sions. The timing of the rate cut is oppor- tune since it comes just before the festive season and this can have a sitive impact on the wait and watch sentiment that was being by home buyers- " – Rohit Gera, MD, Gera Developments "We are hopeful that banks will take the