HDFC Chairman Deepak Parekh on Saturday said that post demonetization, the biggest advantage for home-buyers will be lower interest rates, transparency and no large cash payments. He also expressed hope that many developers will now move towards affordable homes. "Demonetization has been a game changer and was part of a bigger plan of the government. "There is a deep conviction that India will emerge as a much stronger force after demonetization. The biggest advantage for home-buyers will be lower interest rates, transparency and no large cash payments and thus, we also hope that many developers now move towards affordable homes," Parekh said.

Source: dna January 14, 2017 18:37 UTC