The New Year 2015 is very positive and hopeful, which brings new hopes & aspirations in the lives of people. It will be a good year for real estate industry in the comparison of 2014 year. 2014 year was very decisive, but coming year 2015 will be very hopeful because of arrival of new & stable government. This year brings a lot of happiness and prosperity in the lives of home buyers as well as for leading developers. For long, home buyers have felt a lot of pressure with the high interest and similarly, higher EMIs. As the Reserve Bank of India made the possible efforts to control the rising inflation rate and lending the interest rates were not completely reduced.
Now, the inflation rate has come down. Both the wholesale Price Index as well as the Consumer Price Index (CPI) based inflation rates have dropped badly. So potential property buyers, stockholders and investors can expect a major rate cut in the coming future. A price cut will mean higher cash flows and lower EMIs with wealthy home buyers, especially for those who have reserved a floating rate loan. Lowering of interest rates will also empower investments in realty sector.
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