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Real estate industry hails RBI's rate cut decision, urges banks to pass on benefits to homebuyers

Updated : June 06, 2019 09:28 PM IST

The rate cut comes as a big relief for homebuyers as home loans are expected to get cheaper soon, which in turn, comes as a major boost to the rate-sensitive real estate sector.
However, all this will materialise given that the banks reduce the lending rates and ensure that the borrowers get the benefits of the move. 
Real estate industry hails RBI's rate cut decision, urges banks to pass on benefits to homebuyers
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