Views of Mr. Gaurav Mittal, MD - CHD Developers Ltd on the Repo Rate Cut by RBI

Views of Mr. Gaurav Mittal, MD - CHD Developers Ltd on the Repo Rate Cut by RBI:

“We appreciate the decision taken by the Apex bank which will infuse liquidity in the real estate sector. The much awaited move has brought a sigh of relief not only for developers but also for home buyers who were waiting for the market rectification.  The market after a long time of sluggishness has started witnessing ripples for positive trajectory and with the reduction in home loans and economical options available for home hunters, this is the best opportunity in 2015.”