The realty
sector was expecting a cut especially when the festive season has begun. But...
Quote by
PropEquity on RBI status quo.
The realty
sector was expecting a cut especially when the festive season has begun.
Observing a constant decline in housing demand now there is a need for banks to
pass on the benefits which was also earlier advised by RBI.
The real estate
sector in India is sensitive to repo rate cuts which leads to lower borrowing
costs for home buyers and triggering demand, this announcement will further
impact the ailing realty sector.
 |
| Samir Jasuja, Founder, CEO, PropEquity |
This year the festive season has begun early
and we are expecting the green shoots of recovery in the real estate sector
specifically mid and affordable housing. Last November, the
demonetization severely impacted the real estate sector across India and that
led to low transactions.,” Mr.
Samir Jasuja, Founder and CEO of PropEquity.
No comments:
Post a Comment