Ram Raheja, Managing Director at S Raheja Realty on the "RBI MPC Announcement"
"RBI's prudent choice to hold off on raising rates is a welcome move after consistent raise in repo rate in the last few cycles. The realty sector was hoping for a pause as the cost of construction has been consistent. The consumer sentiment within the residential real estate segment will witness a further uptick. While the industry has been witnessing growing demand, further hike in rates could dampen the deal within few segments. Luxury homes will see even better demand with this move as it will give high-ticket buyers and investors increased confidence and incentive to buy."
About S Raheja Realty:
A towering name in the fraternity, the group has been consistent in developing numerous landmark projects in luxury housing, dominantly in Mumbai - the financial capital and epitome of luxury in India. In the recent decade, the group ventured into the affordable housing in mini-metros and second-tier cities with the motive to deliver quality living at an affordable price. The three generations of promoters are into the real estate market and devotedly stand by the values of ethics, experience and expertise.
About Ram Raheja:
Mr Ram Raheja is the Director at S Raheja Realty and is the third generation developer from the family. Under his aegis, the group has seen new horizons and in terms of growth through new projects, completions and a modernized approach with traditional values. He has pursued Architecture at SAIC – The School of the Art Institute of Chicago and was awarded a Merit Scholarship by SAIC in 2008. Before joining the family business, Ram has worked with Ricardo Bofill Taller De Architecture in Barcelona, Spain. His work has been showcased at several design exhibitions globally including the Sullivan Gallery's in Chicago and Ashai Art Square at Tokyo, Platform-1 in Beppu, Japan to name a few. As a person, Ram is actively involved in the daily developments and is constantly on the endeavour to pioneer the latest trends in the sphere of real estate.
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