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Full effect of rate hike transmission to customers not reflected in HDFC quarterly numbers: Keki Mistry
“The feel-good factor which is so very important when someone makes a decision to buy a house is very high today. People’s jobs are stable, income levels are rising and that is giving them the confidence to go ahead and look to buy a house. Also, the earlier fear in peoples’ minds that there is an oversupply, particularly in the Mumbai and the Delhi market, has now gone away.”