Real estate in Tricity will move up after RBI decision
The RBI has announced to reduce the repo rate. This decision has raised the hope of the real estate market in Tricity.
The real estate in Tricity have seen a major slowdown in last year. The rate cut by RBI will help the buyers to invest into the residential projects.
The realty market in Tricity always stays in a higher scale as the demand is higher compared to the supply. However for last couple of months the demand has reduced in the area.
The real estate builders are hoping that the banks will revise the rate of interest for the home loans in the state.
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Source: Express India
Home loans, RBI, real estate builders, real estate in Tricity, real estate market in Tricity, realty market in Tricity, Repo Rate, Residential projects
