How the rate cut influences the sentiment of prospective home buyers
Channel: PropGuide
Date: 2016-04-11

The Reserve Bank of India recently reduced the ‪repo rate‬ by 25 basis points. We often see that banks don’t immediately pass on the benefits of rate cuts to the consumer. Ankur dhawan, CBO (Resale), PropTiger evaluates how the rate cut affect the sentiment of prospective home buyers, and talks about how some of the previous instances of rate cuts have played out in the ‪‎real estate‬ market.