I agree to you the home is still costly and home loans at this time are still high i went to bank 2 enquire but they say the home loan for first year is 8% and from second year it is 12% and is variable depending on the market. Lets see what govt is going to to in budget as not having any hope from govt as it can only partly increase deduction in tax of the home loan in which max. share will be principal amount and few increased amount will be interest(Principal amount is accumulated in Rs 1,00,000 saving and interest is partly increased) this will help Builders to not lower their rates.
Need a good step from goverment where reducing of home rates as well as home loan as the home rates are still high which includes now 25% of black
