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TOINEW DELHI: The Delhi Cooperative Housing Finance Corporation Limited has slashed interest rates on housing loans from 7.45 per cent to 6.75 per cent, an official statement said on Monday. The move comes days after the Delhi government reduced circle rates on properties by 20 per cent. Cooperative minister Rajendra Pal Gautam has instructed the corporation to slash the rates on the directions of chief minister Arvind Kejriwal, the statement from Delhi government said.

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