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Real Estate Forum on Repo Rates

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Q: Has RBI slashed the repo rate
Latest Answer: So there might be a chance for home loan at lower rate now for the investors.
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Q: Since RBI has decreased repo rates, it was expected that the prices may go down. Is it true? Will the prices reduce for now?
Latest Answer: When cash flow was tight and interest rates were high, builders were being forced to sell properties during the pre-launch stage itself at discount rates to attract more and more buyers. They were increasing the sales through such methods. Several big developers like Lodha, Unitech, DLF, Godrej Properties, L&T Realty and Indiabulls have also followed this trick.. but now since the sales are picking up there may not be a need of such things, unless buyers get bored up with the same style.
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Q: RBI has planned to reduce the repo rate. Will it help in reduction of cost of apartments in India?
Latest Answer: I heard that RBI has slashed the repo rate. Is that true, please clarify?
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