Tag «RBI’s Monetary Policy»

Reaction To RBI’s Monetary Policy: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India

With the proposed Real Estate Regulatory Bill, where developer are expected to keep considerable portion of sales in escrow account for majority of construction period, finance cost for developers is expected to increase. This, along with increase in cost of construction and the already challenging economic scenario, is expected to affect profit margins of developers. …