Quote by Mr. Brotin Banerjee, MD & CEO, Tata Housing

Quote by Mr. Brotin Banerjee, MD & CEO, Tata Housing:

“We anticipate that the rate cut announced today by .25 BPS, coupled with commensurate benefits for borrowers, will impact home loan rate positively and enhance the consumer sentiment. With the market view calling for measures that encourage investment to boost growth numbers, and with the installation of a regulatory regime for the real estate sector, we expect this move to keep the stimulus on for potential home buyers to invest, and to benefit current borrowers.”