There’s need to adopt a balanced approach

“The announcement is according to market dynamics and the rates will only reduce once the inflation settles down. Although the Government is taking corrective measures for economic growth and stability, there is a need to adopt a balanced approach considering the growth of key sectors like real estate. Homebuyers have been waiting for reduction and they will swarm the real estate market thereby helping the sector regain glorious days.”

Prashant Tiwari, Chairman, Prateek Group