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Real Estate Forum on Economy

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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.
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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