Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Research

| More

Views on RBI policy review by real estate developers - Feb 5, 2021

Posted On: 2021-02-05 22:30:09 (Time Zone: Arizona, USA)


Amit Modi, Director ABA CORP, President-Elect CREDAI Western UP

The RBI announcements have been very much on the expected lines, even though no measures were made for real estate and home buyers particularly in the Budget gone by. It would have been a relief if some benefit were extended to the sector today, as the experts awaited it. The repo rate remains unchanged at 4%, however for the industry to revive we are still expecting some kind of stimulus from the Union government and RBI in its forthcoming policy meetings.

Dhruv Agarwala, GroupCEO, Housing.com, Makaan.com and Proptiger.com:

The decision of RBI to keep the Repo Rate unchanged along with accommodative stance is understandable at this juncture, although a further cut in the key rates would have given a boost to current demand uptick that we have seen recently. The measures announced by the RBI Governor today for liquidity enhancement in the economy is indeed a good step and was much required. Real estate has been badly hit during the pandemic and the recent Budget announcements and the RBI's decision today will help the sector to cope up with markets' uncertainties better in the near future."

Pradeep Aggarwal, Founder & Chairman, Signature Global Group, Chairman, ASSOCHAM, National Council on Real Estate, Housing and Urban Development

Increased demand is already enjoyed by the affordable housing market, and the RBI's new unchanged stance will not have much impact on demand per se. Indeed, the RBI's growth forecasts will instill optimistic market sentiment, which will translate into good numbers for the real estate sector as well. If the economy recovers, which is likely after the RBI said in the MPC review that it will preserve market liquidity and the job market remains vibrant, then the buyer of the affordable housing segment can speed up the property ownership process. Right now, we understand the step taken in this MPC by the RBI and hope that growth forecasts will improve, leading to a vibrant real estate sector market.

Prasoon Chauhan, Founder & CEO, BlackOpal

"While the RBI has kept the repo rate unchanged, we feel that real estate will benefit from the position of the Apex bank that the NBFCs will have access to the targeted long-term repo activity (TLTRO). With this decision, we hope the liquidity situation will improve and the NBFCs will extend financial support to the real estate sector. The demand for real estate assets is already strong and we are seeing increased sales in the coming quarter due to multiple factors including low home loan interest rates."


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Disclaimer:The article above is a gist / extract of the original report prepared by the research firm / brokerage firm. This article is not to be considered as an offer to sell or a solicitation to buy any securities. This article is meant for general information only. www.equitybulls.com, its employees or owners or the research firms, its employees or owners won't be responsible for any liability that may arise from information, errors or omissions in these articles. www.equitybulls.com or its employees or owners / the research firms or its employees or clients or owners may from time to time hold positions in securities referred in this article. For detailed research reports, please contact the concerned research firm directly.


Other Headlines:

ICICI Lombard General Insurance Company - Cyclical recovery can protract; fundamentals remain intact - ICICI Securities

HDFC Bank - Resilience and consistency displayed to its core - ICICI Securities

Home First Finance Company - Tech-led affordable housing play at affordable valuations - ICICI Securities

Q4FY21 Result Update - Wipro Ltd - ICICI Direct

ICICI Direct - Covid Recovery Pulse - E-Way bill generation ends March 2021 on strong note...

Derivatives Strategy - Positional Future - ICICI Direct

Gladiator Stocks - Escorts - ICICI Direct

Q4FY21 Company Update - Tata Metaliks - ICICI Direct

Q4FY21 Result Update - MindTree Ltd - ICICI Direct

Q4FY21 Result Update - HDFC Bank - ICICI Direct

ICICI Direct Derivatives Weekly View (April 16): Sustainability above 14700 may trigger fresh uptrend...

Market Outlook - Technical - By Dharmesh Shah, Head - Technical, ICICIdirect

Suman Chowdhury, Chief Analytical Officer, Acuité Ratings & Research, on Monsoon outlook

ADD on Wipro - Improving growth visibility - HDFC Securities

Building Materials 4QFY21 Results Preview - Strong demand to support robust margin - HDFC Securities

Consumer Discretionary 4QFY21 Results Preview - Bargains few and far between - HDFC Securities

Consumer Durables 4QFY21 Results Preview - HDFC Securities

Wipro - Q4FY21 Result Update - YES Securities

Suman Chowdhury, Chief Analytical Officer, Acuité Ratings & Research, on March 2021 Monthly Trade Balance

Wipro - Q4FY21 Result Update - Lofty multiples leave limited margin of safety - ICICI Securities

FMCG & Alco Bev 4QFY21 Results Preview - HDFC Securities

Maintain BUY on Infosys - Q4FY21 Results Review - Buy the dip - HDFC Securities

Suman Chowdhury, Chief Analytical Officer, Acuité Ratings & Research, on March 2021 WPI Data released today

Non-leveraged financials 4QFY21 Results Preview - HDFC Securities

Infosys - A reality check! - ICICI Securities

Infosys - Q4FY21 Result Update - YES Securities

Polymer price tracker - PVC prices continue to rise - April 15, 2021 - ICICI Securities

Bharti Airtel - Restructuring aimed at digital biz, AGR-tax efficiency - ICICI Securities

Astral Limited - On a strong footing; top pick in pipes - ICICI Securities

Q4FY21 Result Update - Infosys - ICICI Direct

Q4FY21 Result Update - Tata Consultancy Services - ICICI Direct

Company Update - Coforge Ltd - ICICI Direct

Tata Consultancy Services - Q4FY21 Result Update - ICICI Securities

Company Update - Ambuja Cement - ICICI Direct

Banks & NBFCs 4QFY21 Results Preview - HDFC Securities

ADD on Tata Consultancy Services - Strong progression - HDFC Securities

YES SECURITIES on Tata Consultancy Services Q4 FY21 results

Suman Chowdhury, Chief Analytical Officer - Acuité Ratings, on IIP data released on April 12, 2021

Suman Chowdhury, Chief Analytical Officer, Acuité Ratings & Research, on March 2021 CPI Data

Q4FY21 Result Preview - Retail - ICICI Direct

Q4FY21 Result Preview - Auto and auto ancillary - ICICI Direct

Monetary Policy Update - April 2021 - ICICI Direct

Q4FY21 Result Preview - Banking & Financial Services - ICICI Direct

It would have helped if the sector received benefit from MPC: Realtors

Views on RBI Policy - April 7, 2021 - Ms. Bekxy Kuriakose, Head - Fixed Income, Principal Asset Management

Mr. Rajiv Sabharwal, MD and CEO, Tata Capital on the RBI's Monetary Policy announcement today

Realtors expected more from RBI MPC

Comments on RBI MPC announcement from Muthoot Finance, Creditas Solutions, Kotak Mahindra Bank

MPC announcement - April 7, 2021 - Acuité Ratings & Research

Views on RBI Policy - April 7, 2021 - Mr. Dhiraj Relli, MD &CEO, HDFC Securities


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020