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In a recent media interaction, minister of finance Arun Jaitley urged the Federal Reserve Bank of Republic of India (RBI) to chop the interest rates. A lower rate would facilitate fuel growth in India’s real property sector, that is tormented by a severe demand delay. And he’s not wrong. There area unit 750,000 unsold flats in seven cities alone, together with those in Mumbai, the capital Region (NCR) and Bengaluru. run batted in governor Raghuram Rajan obligated the minister of finance with a fifty basis points (bps) rate cut. Will that be enough to revive India’s housing demand? can it save the real property sector from crashing? Why is India’s housing sector observing associate impending crash? A majority of demand for homes in Republic of India is within the cheap section. However, most developers area unit commencing with high priced premium and luxury flats that the majority patrons can’t afford. Over sixty nine of the unsold homes in Mumbai area unit priced higher than R...