Is it the right time to buy a house after demonetisation?
Tuesday, November 29, 2016 IST
Homebuyers holding up in the wings to purchase a house may consider drawing out their sit tight for two or three months. What's more, that is a direct result for these reasons. To begin with, after demonetisation and inflow of assets into the framework, most banks are relied upon to declare a cut in home loan interest costs.
"Soon we may see interest rate brought down to sub 8% levels," says Samantak Das, chief economist and national chief research, Knight Frank (India) Pvt. This can hugy affect homebuyers' compared regularly scheduled payments. Second, purchasers ought to sit tight for the wage assess sops reported in the following Budget. This may help them choose whether they have the fortitude to buy a house now.
Real estate experts likewise say that while the extravagance and resale markets are probably going to see revisions, the mid fragment housing business sector is probably going to stay moderate however steady.
Related Topics
Trending News & Articles
View Top 5 Mobile Chargers in India as on 08 Feb 2023. This rundown is compiled according t...
Recently posted . 5K views . 6 min read
The following list of India's Top 5 Mobile Charger manufacture Brand 2019
Recently posted . 3K views . 0 min read
Rolls Royce cars are extremely luxurious. While there are many expensive pieces of equipment in Rolls Royce cars, their most relaxing feature is the silence that ...
Recently posted . 3K views . 2 min read
XUV300 is the latest entrant in the compact SUV segment.
Recently posted . 3K views . 0 min read
More in National
The latest feature from WhatsApp has gained a lot of popularity in a very short span of time. WhatsApp recently rolled out the picture in picture (PiP) mode.
Recently posted. 1K views . 1 min read
The phenomenon of Indians making it to the top of big US companies has China anxious. Not that it lacks talent or exposure to western education. During the 2016-17 ...
Recently posted. 848 views . 1 min read
If you an album of old pics mendacity around someplace and you are scared they won't stand the test of time, then Google has a solution for you.
...
Recently posted. 977 views . 11 min read
Recently posted . 1K views
Recently posted . 2K views
Recently posted . 3K views
Recently posted . 3K views
Recently posted . 2K views . 256 min read
Recently posted . 2K views . 217 min read
Instagram head Adam Mosseri in a blog post said that they have been reviewing the way the photo-sharing platform verifies accounts for the past two months.
...
Recently posted. 987 views . 1 min read
Earlier this year, reports revealed that Facebook’s co-founder Mark Zuckerberg planned to unify the infrastructure of all three of Facebook’s messaging ...
Recently posted. 908 views . 5 min read