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Will interest rate reduce post demonetisation?- Property Hotline
Posted
December 2, 2016
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29
December 2, 2016
29
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6:53Now PlayingExpert: Kartik Jhaveri, Director, Transcend Consulting (India) Private Limited.
Question: I bought a flat of Rs 77 lakh. I paid Rs 30.5 lakh by cash and remaining by I will pay in loan. Please suggest which bank I should go for. All these days I am hearing that bank will reduce the interest rates. Should I wait or should I go for it? My salary is Rs 45,000 and my brother is earning half of mine
Answer: Real estate market now is kind of a freeze because the cash is out of the system. There is no point of waiting because you might be getting property 10% lesser than the market rate now. So its of no use to wait.
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