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Interest rates continues to be a concern

Comments(2) Sub Category:Realty News,Uncategorized Posted On: Dec 06, 2011

Bangalore residential realty market is witnessing new launches every now and then however, raising interest rates has become a major concern.

Midst this concern well known developers are confident of meeting targets of 10 million square feet each in FY12.

Prestige Group expert say that interest rates may not stay same in future as loans are long term by nature having ups and downs within its window.

Adding on to the talks an expert from Sobha Developers say, the sudden withdrawal of SBI interest rate has brought in major re-adjustments in the consumers.

However, the real estate experts as well as loan borrowers hope the interest rate doesn’t hike in near future at least!

Source: CNBC News

2 Responses to “Interest rates continues to be a concern”

  1. okaymarketing says:

    Very useful article I picked up a few good tips!

  2. Jhon says:

    Thumb up. Very useful article. Excellent!!

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