Wednesday, April 6, 2016

Quotes By Mr Ashish Raheja MD ,Raheja Universal on RBI Policy


Policy Rate Cut

Governor Dr Raghuram Rajan in the first bi-monthly policy statement has reduced the  repo rate by 25 basis points to 6.50 and  is a welcome step. This we believe will surely have a positive impact on the economy as well as across sectors at large. More specifically from the real estate sector perspective we believe that there will be some renewed interest from prospective home buyers who were hit recently by the ready reckoner rate hike across Maharashtra. While this move is positive it is left to be seen whether banks will pass on these benefits to their customers.


Ashish S. Raheja is the Managing Director of Raheja Universal Ltd. He was appointed as a Director on April 10, 1996 and as the Managing Director of the Company on January 15, 2004. He has a bachelor’s degree in commerce from Sydenham College of Commerce and Economics and was a gold medallist in financial accounting and auditing.

As M.D. of Raheja Universal (Pvt.) Ltd. (RUPL), Ashish is accredited for his dynamic leadership and transforming the company from a family-owned enterprise into a professionally-managed Corporate. He has over a decade of experience and is responsible for land identification & acquisitions and project conceptualization. He has driven Mega Projects in Residential and Commercial segments.

He has facilitated over 6.05 Million Sq Ft of Completed Projects with a multitude of premium/luxury projects across Mumbai,

He was honored with the coveted ‘Developer of the Year’ Award by The Economic Times ACETECH 2010. Construction Source India in association with CNBC Awaaz-TV 18 also honoured him with the Young Visionary Award in Real Estate Infrastructure in 2009.

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