Skip to main content

 CREDAI Hyderabad Expresses Gratitude to RBI Governor for Rate Cut

 

Hyderabad: 07th February, 2025: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for the recent decision to cut the repo rate by 25 basis points to 6.25%. This timely move is pivotal for the Indian economy, especially for homebuyers and the housing industry.

 

The decision comes at a crucial juncture when the economy is seeking renewed momentum. By lowering interest rates, the RBI is not only aiding consumption but also providing much-needed relief to borrowers, particularly first-time homebuyers. This rate cut, coupled with the recent tax relief measures announced in the Union Budget, creates a favorable environment for increased housing demand and encourages developers to launch new projects.

 

As the housing sector plays a vital role in driving economic growth, this initiative is expected to stimulate demand and enhance affordability for homebuyers. The anticipated boost in household consumption, alongside moderating inflation and improved employment conditions, sets a positive outlook for the housing industry.

 

CREDAI Hyderabad is optimistic that these measures will lead to a flourishing housing market, contributing significantly to the overall economic recovery. We appreciate the RBI's proactive approach in aligning monetary policy with the needs of the economy and supporting the aspirations of homebuyers.

 

We look forward to working together with all stakeholders to ensure that the benefits of these initiatives translate into real opportunities for the community.

 



Comments

Post a Comment

Popular posts from this blog

Christmas Eve Dinner

@Hyatt Hyderabad Gachibowli Treat yourself to a memorable Christmas Eve at TG's The Oriental Grill, Hyatt Hyderabad Gachibowli, where festive vibes and sizzling Teppanyaki grills set the stage for an unforgettable evening. Our expert chefs will take you on a culinary journey, offering an array of delightful dishes prepared right in front of you. Celebrate the season in an elegant yet vibrant atmosphere, where the warmth of the holiday spirit adds to the festive cheer. Join us for an evening that blends exceptional cuisine with the magic of the holiday season. When:  24 th December 2024 Where: TG’s The Oriental Grill, Hyatt Hyderabad Gachibowli Time: 07.00 PM-11:30PM For Bookings, call- +91 9355688898
Post a Comment
Read more

Freedom Healthy Cooking Oils announces ‘Go for Freedom Gold Offer 2024’

  100 lucky customers to get 1 g gold coin for 45 days. 5 lucky customers have a chance to win 50g gold coin and 10 have a chance to win 10 g Gold Coin. Freedom Healthy Cooking Oils   has launched a new promotional scheme   ‘Go for Freedom Gold Offer 2024’   to engage the customers during the festive season like Dasara & Diwali. The offer starts from October 1st to November 14th, 2024 for 45 days and covers the states of   Andhra Pradesh, Telangana, Karnataka, Odisha, and Chhattisgarh . In these regions 100 consumers have the opportunity to win 1-gram gold daily and also get a chance to participate in the bumper draw.  The customers who want to participate in  ‘Go for Freedom Gold Offer 2024’  have to purchase  two 1-litre pouches  of Freedom Refined Sunflower Oil .  They can enter the contest by:  Scratching the card provided with the purchase.  Scanning the QR code on the scratch card.  Submitting their mobile number, name,...
Post a Comment
Read more
  The Silent Struggle and Strength Behind Thalassemia’s Smallest Warriors" by Dr.Nadipalli Sravani, Consultant Oncologist and Haematologist, Ankura Hospital For Women and Children A routine evening took a serious turn for a young couple in their 20s when their three-month-old baby was noticed to have mild abdominal distension and persistent crying—initially assumed to be a case of infantile colic. However, upon further evaluation, the child was diagnosed with Thalassemia Major , a severe inherited blood disorder that requires lifelong monthly blood transfusions to sustain life. The family was informed that although the time commitment involved in transfusions may seem limited—approximately four hours once a month—the implications of the disease are far-reaching. Terms such as genetic disorder , lifelong transfusions , and iron chelation therapy were introduced, leaving the parents overwhelmed. When the father inquired about a permanent solution, bone marrow transplantation w...
Post a Comment
Read more