With more money in flow into the economy the home seekers have many benefits from mortgage companies and banks. As a side effect of demonetisation the financial institutions have been forced to reduce the interest rates on all the lending proceedings.
All kind of investment advantage has increased for the borrowers. With many people thinking that the real estate market might face a slump due to demonetisation, in truth there have been more advantages these days to all buyers with reduced borrowing rates.
The real estate prices are also expected to reduce considerably with the reduced interest rate as the whole sum which the buyer will pay will reduce to a large extent on the same property price.
The sudden reduction in the interest rates can be attributed to the excess money in flow in the investment markets. This is a great move as it will cut back black money transactions in the country.
Sowparnika as one of the leading promoters of residential flats in Sarjapur Road have been constructing great flats in Hoskote, Bangalore, and other states like Kerala, Tamil Nadu etc.
We believe in giving the best to our customers at best available prices and we feel that it is a great time to buy homes as the reduced rates will provide much advantage to our buyers. Check out our quality homes spread across the states with best of infrastructure and amenities. Let us make the best of the buyer advantage and buy homes considerably lesser price!