Pune Property

RBI Expected To Hike Rates, CRR

The Reserve Bank of India will announce its annual monetary policy on April 20, 2010. In an exclusive interview with CNBC-TV18, Indranil Sengupta, Chief Economist, DSP Merrill Lynch, speaks about his expectation from the monetary policy.
As Indranil Sengupta said on CNBC-TV18, “We are looking at the RBI hiking rates and the CRR by 25 basis points on Tuesday and also tightening provisioning requirements on bank lending to real estate norms.”
Read the article in MoneyControl, Expect RBI to hike rates, CRR by 25 bps on April 20: DSP ML.


Anil Pharande is Chairman of Pharande Spaces, a leading construction and development firm that develops township properties in West Pune. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer in the PCMC area offering a diverse range of real estate products catering especially to the 42 sectors of Pradhikaran. The luxury township Puneville at Punavale in West Pune is among the company’s latest premium offerings. Woodsville in Moshi is another highly successful PCMC-based township by Pharande Spaces which is now in its 3rd phase.

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