New Delhi, June 07, 2019: The second bimonthly RBI Policy announcement of FY2019-20 by RBI Governor Mr. Shaktikanta Das, slashing the repo rates by 25 bps to 5.75% is a welcome move says, Ms. Hiral Sheth – HOD, Marketing, Sheth Creators.
“This is the third consecutive rate cut this year which will definitely help in bringing down the home loan interest rates and will also bring some amount of cheer to the homebuyers. As EMIs are likely to fall due to drop in interest rates, the demand for housing should rise and propel the growth of the industry. The real estate market is quite bullish with Modi 2.0 coming in action and will further boost sentiments of the buyers”, added Ms. Sheth.
Corporate Comm India(CCI Newswire)
