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DELHI PLOTS BUILDERS & COLLABORATORS

DELHI PLOTS BUILDERS & COLLABORATORS — NAREDCO certified experts in Builder Collaboration and property sale-purchase across prime Delhi NCR areas like Paschim Vihar, Punjabi Bagh, Pitampura, Janakpuri, Vikas Puri, Hauz Khas etc. We ensure top construction quality, highest payouts, and stress-free collaboration for owners. Transparent, professional, and honest services. 📞 9718725223 | 9818018725 | delhiplotsbuilders@gmail.com

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- January 21, 2011

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Housing prices may go up by 5-10 pc with rising interest rates - Yahoo! India Finance

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Housing prices may go up by 5-10 pc with rising interest rates - Yahoo! India Finance New Delhi, June 16 (PTI) Housing prices may rise by 5-10 per cent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India''s decision to raise key policy rates by 25 basis points. "Property prices are bound to go up in next 3-6 months by 5-10 per cent across the country," Confederation of Real Estate Developers'' Associations of India (CREDAI) Chairman Pradeep Jain told PTI. Jain, who is also the Chairman of Parsvnath Developers, said the hike in repo and reverse repo rates would result in an increase in interest rates for builders and the same would be passed on to home buyers. He, however, said demand would not be hit despite the expected rise in interest rates on home loans. "People will continue to buy knowing that housing prices would go up further," he said. Instead of demand, Jain said supply woul...

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