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RBI’s Decision to Increase Repo Rate

By Nitesh Kumar CEO TDI Infracorp

New Delhi, June 08, 2018: Mr. Nitesh Kumar CEO  TDI Infracorp  said” Most of the inventories  sold by real estate developers these days are mainly sold on  easy home loan facilities and Subvention schemes as interest rates were going down over last one year.  Most of the people living on rent were buying their own house as their EMI were equivalent to their monthly rent, now with announcement by RBI to increase repo rate  by 25 basis point  interest rate will go up . With real estate sector trying to overcome and was on revival mode this will definitely impact the momentum”

Corporate Comm India(CCI Newswire)

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