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In this video Mr.Anand Srinivasan speaks about How difficult it is to afford a home in India and How real estate projects are struggling to make progress. This video briefs about various reasons behind the struggle of real estate market. In India even a middle class person dreams for a home, the rates are very high, even if he gets a fancy price for a home that will be too far from his work place. Mr.Anand describes this as investing good earned money into a bad decision. Now Banks are cutting down the interest rates for home loans, Bank of Baroda and Kotak Mahindra cut down the Rate into 6.5 % SBI made 6.7 %. SBI now removes the difference on rate to salaried and Non salaried. Whatsoever ease of supply made also industry is now struggling with Demand.
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