Director , Featured Article on Mint
To fight the consequences of an excessive cash injection into markets and mitigate inflation, the Reserve Bank of India (RBI) has been hiking the repo rates for over a year now. RBI convened its twice-monthly monetary policy meeting on April 6, 2023, and decided to keep the repo rate at 6.5%. With concerns about a global recession, the MPC made an unexpected decision to lower the average inflation rate for FY2024 from 5.3% to 5.2% and to modify the real GDP growth for FY2024 from 6.4% to 6.5%. Due to the central bank’s decision to keep the repo rate at its current level, homebuyers may benefit from stable home loan interest rates, while investors with fixed deposits may not experience an increase in rates.
“The RBI’s decision to keep the repo rate unchanged at 6.5 percent was unexpected, but maintaining the status quo is a positive sign and will provide much-needed support to the real estate sector. Undoubtedly, a further reduction in interest rates would have been the preferred course of action to bolster overall market confidence,” stated Mr. Rakesh Reddy, Director of Aparna Constructions in an exclusive with Mint.
To know further about how fixed deposit investors, debt mutual funds, and the real estate sector could grow going forward, and what our director has to say on the same, click on the link below
RECENT NEWS
Aparna Constructions and Estates Private Limited, a leading real estate developer in South India, introduces a new benchmark in ultra-luxury living with Aparna Deccan Town in Gopanpally, Hyderabad. This prestigious development redefines Hyderabad’s high-end residential landscape by seamlessly blending
Aparna Constructions and Estates Private Limited, a leading real estate developer in South India, today celebrated the successful conclusion of its inaugural Neo Shopping Festival with a gift distribution ceremony at the newly launched Aparna Neo Mall.
The
Aparna Constructions has contributed Rs. 2 crores to the CM Relief Funds in Telangana and Andhra Pradesh to help tackle the unprecedented flood situation in the states.
At Aparna, we have always aligned our efforts towards the larger well-being of society and have worked persistently over the ye
Aparna Constructions has been featured in an article by IndiaRetailing titled “Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025”.
In this piece, Rakesh Reddy, Director of Aparna Constructions, offers insights into the expansion of our portfolio. He discusses our ambiti
Aparna Constructions has been featured in multiple publications for launching two new luxury apartment projects in Hyderabad, Aparna Newlands and Aparna Sarovar Towers, with a total investment of Rs 2,425 crore.
Rakesh Reddy, Director at Aparna Constructions, offered insights into these ambitious
Get Updates
Subscribe to Stay Informed with the Latest News and Updates.
Locations
-
HYDERABAD -
BANGALORE