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Friday, 20 September 2013

CREDAI: Surprised at increase in rates

Hyderabad, Sept 20 : The Confederation of Real Estate Developers’ Associations of India (CREDAI) the apex body for private real estate developers in India was surprised by the RBI decision to increase  the repo rates by 25bps in the recent review of the monetary policy. The step is only aimed at combating inflation but the focus on the industry growth has been ignored. Read More