The pause in repo rate along with proposition for fast paced clearance of cheques within few hours are moves that will be well revered by the real estate sector. This will enable faster transactions between developers and homebuyers and will address a major change in the Indian banking system. Overall, riding the tide of strong domestic economic growth, the pause in repo rate will continue to fuel liquidity in the hands of the masses and encourage them to make investments. With real estate emerging as one of the most sought-after asset class, these developments can be perceived as gamechangers in the long run.


 

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