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    <title>RBI rate cut to spur Kolkata housing demand by 5-10pc: CREDAI</title>
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    <description>The Reserve Bank&#039;s reductions in the policy repo rate and cash reserve ratio are expected to lower borrowing costs and improve market liquidity, making home loans cheaper and enhancing credit availability. Developers anticipate this will boost residential demand in Kolkata-especially in the affordable housing segment-supporting higher transaction volumes and reinforcing construction and employment activity, while not necessarily altering price levels due to constrained profit margins.</description>
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