rates of interest
Though the Reserve bank of India has reduced the key interest rates by 50 basis points, experts think, the decision is not adequate to make housing loans affordable. The property advisors says that, ‘it is unlikely that property prices will come down because of this rate cut, and it is the price of properties that [...] Continue Reading »
The real estate developer community has welcomed the Reserve Bank of India’s decision on reduction on repo rates. The builders association has expressed their concern that the decision will benefit both the real estate buyers and the developers. The CREDAI president said that the commercial banks should cut rates of interest so that home loans [...] Continue Reading »
