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RBI repo rate cut, much awaited silver lining

RBI repo rate cut of .25 basis point is a much awaited silver lining for the real estate sector.

From the time of Independence which is nearly 70 years, we have seen the most important reforms for real estate sector and coupled with Demonetisation and GST the sector has had no breather to come up.

With this new rate cut which is quiet low compared to the expectations, it may just be the silver lining for the sector and we are expecting at least another .25 basis point in the next 2 to 4 months which will take it logically to .50 paise.

The Modi government is due for elections in 2019 May and we have now less than 2 years for major reforms to come in and we hope that from now on things will much better for the real estate sector in India.

About Sandeep Sadh

Mumbai Property Exchange is promoted by Mr.Sandeep Sadh who has been in the real estate business since the year 1993 and has an experience in transacting in Residential Lease & Sale, Commercial Lease & Sale. The experience of transacting and having a practical approach at work in each segments of real estate has given Mumbai Property Exchange an edge over its competition.

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