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Home loan borrowers may still have a reason to joy
Q: Even as RBI has not cut rates, but would soon announce a new formula on base rate- the floor rate at which they lend their best rated borrower.

home loan
rbi rate cut
lowering of home loan rate
Latest Answer: And soon they are ready to announce a new formula on base rate- the floor rate at which they lend their best rated borrower. This revised formula is aimed to speed up transfer of policy rates to end user. Thus revision in policy rate would reflect in the lending rates of bank faster the case is right now.
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Realtors look forward to revive sales owing to RBI rate cut
Q: Real Estate developers hope that 0.50% rate cut by Reserve Bank of India will change into sales and thus minimize on piled up housing inventories.

real estate
home loan
interest rate
property prices
real estate developers
repo rate cut
rbi rate cut
real estate industry in india
economy
Latest Answer: There are other positive signs too. Outsourcing companies have seen a healthy growth in the business with the devaluation of the rupee. That can be seen in the large amounts of office space that was leased in 2014. If business development lead to IT companies hiring more talent and giving higher increment to keep talent, it will surely begin home sales.
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RBI cuts repo rate by 25 basis points
Q: Could RBI's rate cut revive the home sales?

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repo rate cut
repo rates
rbi policy
rbi rate cut
lower rates for home loan
rbi cuts repo rates
reserve bank governer
raghuram ranjan
Latest Answer: @Abhi, Manoj Gaur, MD, Gaursons India Ltd told that with this move, stakeholders are now expecting the sales to improve as more potential customers will think of buying homes as the interest rates will be reduced. With weakening rupee and core sector index shrinking to 0.4% in the month of April, this move by RBI shows aggressive decision making which will be very crucial for the upcoming months.
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RBI's rate cut may encourage housing demand in Mumbai.
Q: Hey, Have you heard about the RBI's second rate cut?

real estate
interest rate
housing loan
real estate mumbai
rbi
real estate news
rbi repo rates
repo rate cut
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rbi rate cut
rbi governor raghuram rajan
lending rates
housing demand in mumbai
low interest rates
indian banks association
iba
rbi base rate
icici bank
chanda kochhar
yes bank
bank of maharashtra
Latest Answer: @Shantanu, For the moment, bankers across the board welcomed the rate cut move, which comes within days of the Budget'15 and an agreement being reached between RBI and the government over inflation targeting. Private sector lender Yes Bank's Rana Kapoor said he expects cuts of 1.50% more this fiscal which will help boost the sentiment and re-ignite investments. Similarly, Bank of Maharashtra's Executive Director R K Gupta said the rate cut shows the central bank's comfort about the quality of fiscal consolidation and is positive for growth.
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Union Bank and United Bank cut landing rates, others expected to follow soon.
Q: Within hours of rate cut announced by RBI, United Bank and Union Bank have reduced the benchmark lending rates by 0.25 % and 0.5 % respectively.

rbi
rbi repo rates
rbi rate cut
lending rates
united bank of india
union bank
Latest Answer: But RBI has to be careful of the inflation expectations if growth picks up while the savers also need to be provided with sufficient real returns for the savings rate in India to rise and reduce confidence on foreign money for growth.
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RBI rate cut holds out hope for realty sector
Q: Good news for realty player!!!! The repo rate cut by the central bank could signal the beginning of the change for real estate industry that has been hit by slowing sales and a massive liquidity crisis over the past 2 years.

real estate
interest rate
rbi
repo rate cut
repo rate
reserve bank of india
rbi rate cut
Latest Answer: As per Pankaj Kapoor, managing director of property research firm Liases Foras, pointed out that in cities like Mumbai and Bengaluru, where there is higher end-user demand, marginal improvement in sales could come in faster. But the National Capital Region will take time. In addition, property prices are expected to be motionless for the next year or two, which will help in repairing the affordability gap that exists in most markets today.
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