The interest rates will come down in the future and the floating rate is a better option at this stage This is the best time when villas in bangalore are investing in villas. The real estate agents are taking the advantage of this.http://www.anugrahabuilders.com/buildersanddevelopers.html

1. Link www.anugrahabuilders.com/home.html
CREDIT POLICY INFLATION PROMPTS RBI TO MAINTAIN STATUS
QUO
The interest rates will come down in the future and the floating rate is a better
option at this stage
This is the best time when villas in bangalore are investing in villas. The real estate
agents are taking the advantage of this.
The current credit policy was eagerly awaited by many. Most analysts were expecting the
Reserve Bank of India (RBI) to begin cutting down the key interest rates. In the light of
the recent news on the growth front and lower GDP numbers, it was anticipated by banks
as well as corporate. A cut in the reporate as well as a reduction in the cash reserve ratio
(CRR) were hoped for.
However, contrary to expectations, the RBI chose to maintain status quo. There has been
no change in either the CRR or the repo rate. The RBI has kept the CRR unchanged at
4.75 percent and the repo rate at eight percent. According to the RBI, although growth
has moderated, inflation remains above the comfort levels. After a rate of 8.4 percent in
two consecutive financial years, the GDP dropped to 6.5 percent in 2011-2012. The
economy faces high inflation, slowing industrial growth, depreciating rupee and declining
exports.
The RBI has noted that the country’s benchmark inflation rose in May to 7.55 percent,
keeping price pressures elevated and making it harder for the RBI to revive economic
growth. The rise in the Wholesale Price Index (WPI) from 7.23 percent in April came as
both food and fuel prices picked up. The increase keeps inflation near its highest level
this year. The future course of action depends on inflation. Bankers are still expecting a
25-50 basis points’ cut in the coming months.
Floating rate better
In case you are planning to buy a house with a home loan, it is better to go in for a
floating rate scheme. It doesn’t make sense to opt for a fixed rate loan at this stage.
Admittedly, the interest rates are on a slightly higher side at the moment. However,

2. the interest rates will come down in the coming months. As the growth scenario
has been impacted, there is a push from all sides for a reduction in the key interest
rates. The high interest rate regime won’t last for long, especially considering the
negative impact it has been having on growth. It is just the inflation concern that is
forcing the RBI to hold back on a rate cut or cut in the CRR.
Anugraha builders and developers are one of the best builders in Bangalore. We
completed many projects in Bangalore properties like green acres, green ville, sai
anuraga enclave and other villas in bangalore. One can find luxury villas for sale in
Bangalore with us. They acquire one of the best in class properties in Bangalore.
For details contact 9611197474, 9980131316 or please visit our website
www.anugrahabuilders.com/home.html