Home Loans @ 9.85% now with SBI & HDFC Bank

Bengaluru: Realtors Responded Positive to the Recent Repo Rate Cut from RBI by another 0.25% which Most of the Banks are in line to OFFER Home Loans Below 10% Which will be a Single Digit and Customers are welcoming the move this is what a Customer looks for before buying an apartment or a plot or even constructing his/her own House ,Home Loans Cut in Rate of Interest will be as low as 7 Yrs old which will be Boosting the Real Estate Industry and increase the number buyers.
Recent news published in a leading news paper revealed that Bengaluru Tops the Cheapest City in The Whole World,Bengaluru has lot of scope to Boost Real Estate Industry .
In this particular segment even price appreciation has been there of almost 10 percent annualised. My sense is that with this rate cut the market demand would probably grow past 25 percent and I hope that asset inflation does not go beyond 10 percent. My sense is that what the center is doing and what a lot of BJP, alliance states are doing is to enhance supply that should curtail the asset inflation.

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