Real Estate Market in 2016
How Will The Real Estate Market Look Like In 2016? The Indian real estate market has been treading the slugging path for the last two years. There has been no recovery in buyers’ sentiment as prices remain stable, and there is less hope of capital appreciation in the short-term. In 2016, however, most of these factors will turn positive reversing buyers' as well as developers’ sentiments. Here’s a glimpse of how the Indian real estate market in 2016 will look like: Lowered interest rates: The Reserve Bank of India (RBI) has cut interest rates by 50 basis points in two rounds this year. Though the transfer of benefit by banks to their customers is much slower than expected, a few commercial banks are cutting interest rates for home loan seekers, giving the much needed boost to the sector. The positive effects of these cuts will become much more visible for the property for sale in India by the next year as those who are waiting for much deeper cuts wi
