Rbi’S Decision to Cut Repo Rate to Boost Indian Realty Sector
Reduction in interest rates by RBI has given much needed oxygen to the Real estate sector. This reduction would directly affect the interest rates of home loan and would definitely help in adding the new property buyers to the market .
New Delhi, Delhi, India., anuary 31, 2013 - (PressReleasePoint) -Reduction in interest rates by RBI has given much needed oxygen to the Real estate sector. This reduction would directly affect the interest rates of home loan and would definitely help in adding the new property buyers to the market .The burden of the installment on these new customers would also be less giving them a respite with a psychological advantage. Along with the residential properties this step of RBI would also give a big boost to the Retail sector and the commercial properties should also see a long awaited boost. With reduction in CRR more funds would be available with banks for disbursement, which definitely is an added advantage for the prospective buyers.
About Paramount Group
Paramount Group is a 16-year-old real estate company set up by Mr. Mukesh Agarwal. An ISO 9001:2000 certified organization; Paramount has associated with architects from Singapore for quality control and project management, which has helped the company in developing some of the artistic and modern buildings of the times.
Paramount Group has a team of highly experienced engineers, renowned architects, and qualified management professionals. The forte of the Paramount Group lies in offering its customers unmatched pieces of architecture at unparallel prices and timely possession.
Paramount has many projects under its aegis and has been involved in building the modern and finest residential and commercial complexes in Delhi and National Capital Region (NCR). Paramount Group is the member of Indian Green Building Council.
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