Quote:
Originally Posted by AvniShergill
Hello everyone,
Yesterday RBI reduced the Repo rate(rate at which RBI lends money to the commercial bank), which ultimately helped those people who were not able to buy flat because of high percentage of interest rate.
Reduction in the Repo rate also reduced the percentage of interest charged by Banks for the Home Loan. Now each person can dream to buy their own house in 2015  |
This is really a very good information. It will boost the real estate market.