Director, Finlace Mr. Pawan Jasuja got into conversation with Magicbricks regarding the recent repo rate cut. He commented that rising inflation and higher interest rate has affected realty market but the latest repo rate cut of 0.25 points by RBI is sensible and will surely bring down interest rate of home loan but the banks should ensure to pass the benefit to the home buyers. Soon the 7th pay commission will also be reality and such moves will boost confidence of home buyers. At this time when developers are coming up with many offers and discounts to convert the leads, this will also push sentiments of home buyers.
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