Farmers too will get better deals
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Budget fails to cheer realty players.
Real estate biggies unhappy with status quo on RBI rate cut.
Delhi's Connaught Place is the 6th most expensive location in the world.
Hailing clear majority for Narendra Modi-led BJP in the polls, real estate experts on Friday said a stable government at the Centre will help revive the property market.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.