Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Good and both on interest increase
by feroj khan on Apr 07, 2007 03:47 PM   Permalink

There has been a lot discussed on bad part.

Let me share with you the good part. Even friends, I expect that there should be further increase in the rates by RBI, yes to give some advanatage to the middle class people to purchase real estate for self residence in Metros like Delhi.

Speaking perticularly about Delhi, where the builders have manipulated such sky high prices without any base that it is really inbearable to a small middle class person to own a house.

Govt. has not done anything in this segment and that is why congress is losing this time. In fact BJP if also not takes lesson from their failur, then take it from me, they are going to lose this time.

But this is also fact that who so ever comes, no body looks into aam admi's needs.

So I feel, it a Bhagwan ki maar (in disguise), jiski koi awaj nahin hoti,

Even I prey to God that there should be further increase in the interest rate by RBI.

I understand that the common people again going to suffer because of some other impacts, but the need of the hour is correction in the real estate prices.



    Forward  |  Report abuse
The above message is part of the Discussion Board:
Is RBI's rate hike justified?