View from Mr. Kamal Khetan, Chairman and Managing Director, Sunteck Realty Limited

New Delhi, August 07, 2019: “The fourth consecutive cut in repo rates show the urgency of the central bank to give impetus to economic growth. With a view to increase the credit flow to real estate, the RBI’s recognition of loans up to Rs. 20 lakhs as Priority Sector Lending would provide support to boost the affordable housing segment. We hope that the benefits are passed on to end -consumer for home loans by the banks, making it easier for them to make their purchase decisions.”

Corporate Comm India(CCI Newswire)