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Mr Satish Magar - President CREDAI
Mr Satish Magar – President CREDAI

“The cut in repo rate by RBI to 5.15% is along expected lines. It will lower the interest burden on home buyers inducing higher demand. On the other hand, the downward revision of GDP growth to 6.1% from 6.9% earlier is an ominous sign. Improved tax incentives for home buying offer a quick fix which Government may like to consider immediately”


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