Categories: Latest

A reduction in repo rate could have helped in bringing down home loan interest rates – Sachin Sandhir, Global Managing Director – Emerging Business, RICS

New Delhi, February 10, 2017: “We are a little disappointed that the Reserve Bank of India has not cut repo rates though we understand their position of keeping rate cuts on hold to assess impact of demonetization on inflation. A reduction in repo rate could have helped in bringing down home loan interest rates. The real estate sector could have benefitted with a rate cut. Banks may have passed on the rate cut to home loan borrowers. Nevertheless, considering that home loan rates are the lowest that they have been in six years, the status quo in repo rates will not hurt the real estate sector.”

Corporate Comm India(CCI Newswire)

The Property Times News Bureau

Recent Posts

This Diwali, the Bonus Came with a Front Door: Odisha Real Estate Firm Gifts 2BHK Home to Employee of 25 Years

Bhubaneswar-based Motwani Constructions celebrates 25 years of loyalty with a life-changing gesture, turning an employee's…

6 hours ago

A $120 Billion Infrastructure Plan Needs a Project-by-Project Ledger-Editorial by Khazi Altaf Hussain

11-November-2026 On 10 November, Reuters reported that Adani Group executives outlined plans for roughly $120…

11 hours ago

Max Estates secures ~5.5-acre of prime mixed-use land parcel in Sector 132, Noida; GDV Estimated at ₹1,500–2,000 Crore

Bid value of ~INR 272 crore, with 40% payable within 60 days of allotment and…

1 day ago

Before India Allots Land for AI, Show Who Pays for Power and Water — Editorial by Khazi Altaf Hussian

10-November-2026 On 3 November, Crisil Ratings projected that India’s installed data centre capacity could rise…

1 day ago

A Green Certificate Must Be Followed by Measurable Performance — Editorial by Khazi Altaf Hussian

07-November-2026 A Colliers assessment reported on 5 November projects that green-certified buildings could attract 80–85%…

4 days ago