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Real Estate Industry Hopes Cheap Home Loans Will Spur Growth

Real Estate Industry Hopes Cheap Home Loans Will Spur Growth

Wednesday, November 30, 2016, 12:36 PM

Demonetization has brought sales of pre-owned houses and developer-built small properties, to a grinding halt. The real estate industry hopes that home loans will pick up and spur demand for property, as stability returns. As the economy stabilizes in the next 3 to 6 months, banks will extend more home loans. With prices of property crashing, demand for real estate will pick up.
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