By: Ashish Kukreja, CEO and Founder “The repo rate reduction is a massive relief for homebuyers in the form of equated monthly installments (EMIs) for their homes. This is the second rate cut in a row, following a 25 basis points cut in February. The repo rate reduction to 6% lowers the cost of funds for banks, enabling them to pass on the benefit to…
ParkMate Welcomes Union Budget 2025-26: Boost for R&D and Startups
By: Dhananjaya Bhardwaj, CEO And Founder, ParkMate At ParkMate, we’re thrilled with the incredible opportunities presented in the Union Budget 2025-26. The announcement of a 1 lakh crore fund for private sector R&D, backed by a 50-year interest-free financing scheme, is a game-changer for us. It empowers our team to dream bigger, work on groundbreaking ideas, and develop innovative solutions that can transform parking and…