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.
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