Jun 15 2015 | Industry View

View of Aman Agarwal, on RBI monetary policy review...

Aman Agarwal, Director, KV Developers Pvt Ltd
´It is a welcome step by the apex bank. We now expect banks to cut home loan rates to pass on the actual benefits to home buyers. This will revive the otherwise sluggish market and hope demand and supply gap is reduced. Developers also stand to gain as market will see more liquidity. Once rates are lowered by respective banks, we expect faster purchasing cycle and reducing inventories.´

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