Real Estate
Enclosed is the inputs on behalf of CREDAI and Real Estate developers for your reference.
Published
7 years agoon
Mr Deepak Kapoor, President, CREDAI Western UP, said “The real estate market is witnessing improvement as interest rates are lower and developers are focusing on project delivery. Buyers are more concerned about possession and with the sector focusing on it, the buyers too are showing faith in the projects. Yes lower home loan interest rates help but with this unchanged repo rate there will be no change in home loan rates, but the fact is home loan interest rates are already at an all time low and buyers know it. So real estate sector will not get affected by this unchanged repo rate”.
“Irrespective of unchanged repo rate, the buyers are already coming to the real estate sector. The sentiments have improved in the last few months and with the festive season on a lot of offers are already there for the
buyer top benefit from the deals