With RBI's decision, the home loans are set to get costlier, which would impact the real estate space. Niranjan Hiranandani, managing director of Hiranandani Group told CNBC-TV18 that the marginal customers would be highly affected due to this rake hike. He indicated that there could be a possible recession in the real estate sector.
first published: Sep 16, 2011 09:32 pm
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