Ashok Mohanani - President, NAREDCO Maharashtra on reduction in home loan interest rates

 

 

"There is already a growing desire of owning a home as consumers look at it as a necessity in this unprecedented time of the COVID-19 pandemic. With the last few days left to avail the stamp duty benefit, there is a stiff competition amongst the financial institutions to provide the consumers with the best home loan interest rates. This is the best time to buy a home as it gives the aspiring homebuyers a lifetime opportunity to purchase their dream home with reduced stamp duty as well as all-time low interest rates. These factors are also proving to help spur the real estate demand that was temporarily hit as a result of the pandemic."