Anuj Puri from Anarock Group highlighted the surge in real estate demand in India due to Global Capability Centres from the US and a thriving startup ecosystem. Cities like Bengaluru and Hyderabad have experienced notable growth. He emphasized that the market remains balanced between supply and demand, supported by better infrastructure and connectivity.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.