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Home > Forum > Delhi > Real estate News > RBI reduced repo rate.

RBI reduced repo rate.

Q: RBI has planned to reduce the repo rate. Will it help in reduction of cost of apartments in India?

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Replies (6)
1
I heard that RBI has slashed the repo rate. Is that true, please clarify?
Vaibhav Bhatnagar


Yes Vaibhav. It is true that RBI has cut the repo rate by 25 basis points within a span of 50 days which has brought a cheer to the real estate sector.
Amarnath,  Bangalore
10th March 2015


Will the cut in repo rate impact the real estate market in anyway? If yes, How?
Vaibhav Bhatnagar,  Bangalore
10th March 2015


Cut in Repo rate will bring down home loan EMIs. This is definitely going to ease the burden of home buyers and create a positive traction in demand for housing.
Amarnath,  Bangalore
10th March 2015


2
Has anybody come across any project whose rates have come down after this?
Anil Mehta


3
I don't think that the prices will ever come down. It has been rising every time from the past few years.
Manoj


4
Andrew, low interest loans will improve the sales of real estate. And this will improve the inflow situation for the real estate which might reduce the project cost.
devash.pandey


5
What if home loans interest rates are reduced?
andrew


6
With this decision the commercial banks will reduce the rate of interest for home loans.
abhinava.nair


7

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