In the times better depicted by the terms like miseries due to high rate of interest, slackening demand, real estate sector is desperately looking for a outlet that could expose them to some better conditions. After RBI slashed repo rates, the whole home loan borrower base was pinning all its hopes on the intermediary bank units to pass on the benefits of this rate cut to them, but it was of no use. Since, they outrightly rejected their plea and made no efforts in this direction. This ultimately resulted in the slackening of demand for residential properties. Consequently, the entire real estate segment came into a phase where the things went into a standstill mode. Although, recently, one of the major private sector bank, which earlier denied to pass out the benefits of rate cut-out rightly, later relented and made amends for it. However, till date this one move though on papers has proven to be effective but is still to bring out the desired effect. Earlier, the denial regarding the passage of benefits of the rate cut to the customers by the entire banking fraternity, ignited a row which lead to battle of verbal volleys between the real estate developers and banking giants. While the real estate developers labelled this move as a completely autocratic gesture in the democracy, banks cited the reason that the present economic environment is not conducive for implementing the programs that could extend the much-needed help to the customers. Meanwhile, people who were framing plans to leverage residential properties in this lull phase, were subjected to utter disappointment, as the real estate developers too refused to bring down the prices of the properties for the sake of buyers thereby complicating the situation further for the prospective buyers. Overall, amidst all this confusion, one thing can be said for sure that the respite that you are thinking that you will get soon might take some time to reach you. Hence, waiting is a better alternative and what more if buying property is on the cards, then make sure to postpone it, as buying it now can prove to be an expensive proposition.