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Sales of residential properties, priced above Rs 10 crore, in Mumbai’s primary and resale market rose 49 per cent in value terms to Rs 11,400 crore during the January-June period on strong demand, according to India Sotheby’s International Realty and CRE Matrix report. During the year-ago period, the sales of luxury homes in Mumbai stood […]
The Reserve Bank’s decision to hike key policy rates will impact the growth of real estate industry and may hit the housing demand, according to industry players. The Reserve Bank of India (RBI) on Wednesday hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation. It also raised […]