Amid reports of a broader slowdown in housing sales, Vikas Oberoi, Chairman and Managing Director of Mumbai-based listed developer Oberoi Realty, said the company is not witnessing any slowdown and that the softness in the market remains developer-, location- and product-specific. He also said that the company expects to receive plan approvals for its Gurugram […]
The demand for cars has grown by nearly a fifth even after the festive season, as reduced tax continues to draw buyers to showrooms. There were fewer takers for two-wheelers, though. A Maruti Suzuki Arena showroom. Car sales in November were driven by model availability, demand for compact SUVs and year-end deals. (Mint) Car sales […]
Brigade Group Managing Director Pavitra Shankar has said that housing demand remains steady in cities such as Bengaluru and Hyderabad despite concerns around affordability and job market uncertainty. “There’s no slowdown per se,” she noted, adding that inventory continues to move well across projects. Brigade Group MD Pavitra Shankar said housing demand in Bengaluru and […]
Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US economy, AFP reported on Tuesday, citing written remarks by the chair of the US Federal Reserve. Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried […]