Rising interest rates in india

Growth in property prices in leading Indian cities is likely to slow down with merely less than 8 percent growth in the next year, revealed a survey conducted by Reuters. The reason for the slowdown in price rise is expected to be a cooling economy and increasing interest rates which would not favor homebuyers. The […]

Earlier this week, it was reported that according to the National Housing Bank’s (NHB) residential housing index, property prices had shown a declining trend across the markets of about 22 cities. Rising interest rates have adversely affected the demand from end-users. Many investors are exiting at discounts, from the sales deal, for want of funds. […]