Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:RBI 's Mid Term Policy
by N.P.Sharma on Jul 31, 2007 03:33 PM

There is a immediate need to further upscale the Home loan rates by about 1% to contain the prices of Rent rates ,Steel , Cement & Land Rates . Only investors were buying the property when interest rates were close 7.5% .... Now its good time for real users to look for property .

The proices of property is hovering at 200% compared to prices in 2005 . Immediate correction is awaited .


    Forward  |  Report abuse
The above message is part of the Discussion Board:
RBI credit policy: highlights