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The Times of India
The Times of India
Business
PTI

Low interest rate on home loans to boost housing sales: Realtors on RBI policy

RBI New Delhi

NEW DELHI: Real estate developers on Friday hailed the RBI's decision to keep policy rates unchanged, saying the low interest rate regime will help in maintaining sales momentum in the residential sector.

Harsh Vardhan Patodia, president of realtors' body CREDAI, said the RBI's decision of keeping the repo rate unchanged at the historic low of 4 per cent will bring economic development and growth in the country, especially after the impact of Covid-19 on several sectors.

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