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Of falling property prices and when to buy a house

October 22, 2008

Even HDFC chairman Deepak Parekh recently said that home loan rates might fall only after deposit rates come down, and that might take a long time to happen.

However, the RBI's moves to infuse liquidity into the economy could help ease a tense situation and might give a boost to flagging growth -- including the beleaguered real estate sector.

Image: An Indian stock market official walks past a banner of India's largest real estate company DLF, during its listing ceremony at The Bombay Stock Exchange in Mumbai on July 5, 2007. | Photograph: Indranil Mukherjee/AFP/Getty Images

Also read: America's largest bankruptcies

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