Festivals and real estate
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Transcript of Festivals and real estate
Festivals and Real Estate
Last quarter of the year, Heralds the start of festive season . People believe in making new investments and purchases.
This festive season make the availability of
loan easier by decreasing of 50 basis points in the REPO rate by the RBI, banks have considerably reduced
their home loan lending rates in the region of 20
to 25 basis points.
With Diwali, Christmas, Muharram, all festivals around the last quarter, this becomes an auspicious time of the year for people of all beliefs, therefore purchasing a new home, shop, property etc. seeks the blessings for the Almighty. Considering so, real estate around this quarter encounters a rise.
We bring you the reasons which will explain why now is the perfect time to consider investing in the newly revived property market in India.
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