Indore real estate uplifted by RBI move
The big players of the real estate in Indore are highly motivated after the rate cut decision taken by the Reserve Bank of India.
The builders of Indore are expecting a rise in demand of apartments in Indore as the home loan interest likely to be cheaper.
With higher inflation rate the prospective home buyers were silent in last year. When the RBI has cut the repo rate and around 0.5% decrease expected in the home loans, home seekers are expected to invest in the market.
The repo rate reduction should leads to a reduction in the rate of interest for home loan. And the builders are hoping that the home seekers will be attracted with the new rate policies.
More related stories:
Stamp duty will not be paid by Housing Loan
RBI further puts new bracket in home loans
Source : Daily Bhaskar
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[...] Indore real estate uplifted by RBI move [...]
[...] Indore real estate uplifted by RBI move [...]
[...] Indore real estate uplifted by RBI move [...]
[...] Indore real estate uplifted by RBI move [...]