“The cut in the Repo Rate is a constructive step and we reciprocate banks do the same by reducing home loan interest rate which will benefit home buyers. Reducing the home loans interest creates a perfect setting for an optimistic start to the new financial year. With Gudi Padwa and Akshay Tritiya just a few days away, we anticipate that the announcement is surely going to result in increased residential sales, given the banks pass on the ease to the customers. Also, with the government enhancing the exemption limit for the general category of individual taxpayers has given way for increment in homebuyers buying capacity thereby speeding up residential sales.”
