Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / News & Society / RBI Rate Cut to Boost Housing Sales – Time to Own Your Dream Abode at The Hemisphere This Festive Season

RBI Rate Cut to Boost Housing Sales – Time to Own Your Dream Abode at The Hemisphere This Festive Season

By The Hemisphere on September 14 2017 | 25 Views

The RBI decision to cut repo rate by 25 basis points – with likely subsequent cuts - will lead to cheaper home loans and boost housing sales during the upcoming festival season.

The RBI decision to cut repo rate by 25 basis points – with likely subsequent cuts - will lead to cheaper home loans and boost housing sales during the upcoming festival season, according to property developers and consultants. They expect banks to pass on this rate cut by lowering the interest on home loans.

The decision to cut the benchmark repo rate by 25 basis points could not have come at a more appropriate time. The Indian economy is at a point of inflection. Easing procedural bottlenecks, speedier project clearances and reviving credit flows to the productive sectors such as real estate are critical for the economy to decisively move to a higher growth trajectory. Another small rate cut in the coming months should not be ruled out. Hence, going for a home loan on long term will be made easy, facilitating the move to own a home. This is a welcome move just before the festival season and will help boost sales, with the pent up demand fructifying.

Banks are likely to pass on the benefits to customers and the government is poised to enforce and instruct banks to do so. The real estate sector had faced a multi-year slowdown, particularly in residential segment. The sales have been hit further post demonetisation and the cut was much awaited and will fuel demand. The rate cut announced coupled with commensurate benefits for borrowers will impact home loan rate positively and enhance the consumer sentiment- setting in motion a virtuous cycle.
The RBI decision to cut repo rate by 25 basis points to 6 per cent - a 7 year low - is in line with industry expectations amidst low inflationary trends. This cut will result in making housing loans cheaper and help credit off take in the housing sector. The decision, along with the new real estate law and GST, would provide further impetus to the segment and help in rejuvenating housing sales- and will see large scale buying from people who were waiting on the fence.

The central bank has adopted a monetary policy that propels economic growth, which in turn would boost the Indian real estate. There is surplus liquidity in the system and the policy change might result in a greater impact on real estate sentiment. The property prices affects buying decision more than interest rates and home prices are unlikely to reduce further. RBI’s policy is positive for the real estate sector. With the rate cut prior to start of festival season, the sluggishness in the real estate sector would come to an end. The rate cut as a positive step that will indeed help boost housing demand.

The rate cut will only add more weight to the sentiments and push the customers to move towards investments where real estate sector will greatly benefit. As GST is settling down and RERA gaining momentum, real estate sector is projected to become the investment hub very soon. It will boost sales as EMIs on home loans are expected to come down. Final festive season of this calendar year is nearing and this rate cut can allow the banks to cut down on their lending rates further. The move will have a direct impact and help revive sectors like real estate which are highly sensitive to interest rate movements. In fact, there is scope for banks to cut lending rate further given the liquidity situation prevailing in the market post demonetization.

The decision to cut the benchmark repo rate makes it your auspicious time to move into your own exclusive and luxurious lifestyle around the golfing grandeur amidst acres of sheer verdant embrace. The Hemisphere is poised to add premium sheen to your dreams of exclusive living with its golf themed living splendour. The Hemisphere presents a fine luxury villa living, spread over 100 acre site. Nestled in the City Centre of Greater Noida, The Hemisphere boasts of an advantageous location. The private residences of this exclusive community encircle a 9-hole golf course and other equally lavish lifestyle features.

Inspired by the very best from the world, The Hemisphere Golf Villas provide a million ways to experience the luxury living. These worlds’ finest luxury villas are the perfect amalgamation of sheer luxury & suburban lifestyle and have the multiple luxury clubs, a full- fledged sports complex, a wellness centre, banquet halls, orchards, hi tech cloud based security and more. These exquisite villas are meticulously crafted hence define elegance & class and offer all the residents the taste of luxury villa living.

A life well lived needs to be elevated to an exquisite living style. Where your passions flow and immerse in the playground of life. Each action enhanced to a 360 o vision. Of a life of living luxury with every amenity & facility conceivable at hand. Yet tightly embraced in greens. A placid certitude of sustainable living ensuring peace of mind-always!

Your search leads to Greater Noida villas. Where connectivity reaches out to bring the Capital and NCR closer. Greens bloom and Pollution stays away. A planned sub city of ample spaces that allows a life you choose. And then settle yourself in a luxury villa in Greater NOIDA.

Nestling here, at THE HEMISPHERE, choose a life embedded in haute living even as you ensconce yourself in the greens. Amongst all the villas in Greater NOIDA, it’s centrally located and well connected to offices, children’s education, dining, partying holes & entertainment hubs of Delhi-NCR by the Metro, Road and Air. The 100 acres golf residence villas project property offers a 9-hole golf course in its span. Amidst expanses of greenery. And an embedded green construction that allows you to revel & celebrate a sustainable life. All that you can think of in terms of facilities are at a short distance in these golf residence villas. And also something you wish – crème de la crème community – wedded to a golfing high-living!



Latest Exclusive Press Release
The Medication adherence packaging market is projected to reach USD 917.7 Million by 2022 from a base USD 646.0 Million in 2016, at a CAGR of 6.2%.
High-Resolution Melting Analysis Market worth 302.1 Million USD by 2021
Directional Drilling Services Market, By Type, Services, Technology, and Application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
Photovoltaic Materials Industry Business Outlook and Procurement Survey To 2017
Digital Transformer Substation Sales Market Drivers And Restrains, Along With Their Current And Expected Impact Till 2022
Popular Press Release
Home Ministry’s Population Register Worse than Prisoner Identification
First Time Home Buyers Tax Credits STILL Available For Troops!
Best Web Hosting Service in India
Model the world with Google SketchUp 8
What Is A Phantom Right?


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet