Repo rate reduction by RBI today – Mr. Pankaj Kumar Jain, Managing Director, KW Group

New Delhi, June 07, 2019: “Amid the prevailing slow growth scenario, 25 bps repo rate cut by RBI is a highly welcome step and a timely dose to revive and revitalize the real estate market sentiments. We expect the RBI’s action will stimulate demand and relive the home buyers who have been struggling to meet their household expenses after paying their high home loan installments. An encouraging move, it has also beckoned a positive tone right before the upcoming union budget.”

Corporate Comm India(CCI Newswire)