Sunday, July 20, 2014

HOUSING SECTOR GETS BOOST- NEW AFFORDABLE
HOUSING NORMS ANNOUNCED BY RBI.

Commenting on RBI announcement,Mr.Jackbastian Nazareth,
Group CEO,Puravankara projects,said,"we believe Provident is well placed this asset class that comes within the preview of
the RBI policy directive.The ticket sizes are key drivers  
for this asset class and the impetus given by RBI and 
the central government augurs very well for the 
growth & sustainability of the Provident brand.
Provident will tap the growing demand for housing both in urban and rural India,including tier 2 cities".


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