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The recent cut in the repo rate by the Reserve Bank of India brings potential relief for borrowers, lowering loan interest rates. But for metro city homebuyers, the benefits may not be as clear-cut. High property prices and stagnant incomes raise questions about real affordability. Is this rate cut a genuine boost or just a temporary illusion? The article examines its true impact on the urban housing market. For balanced insights into finance and real estate trends, read more at Illustrated Daily News.
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