RBI's status quo on rates to support housing demand, keep real estate sentiment intact: Industry
The RBI's decision to keep the repo rate unchanged at 5.25% for the fourth straight review has received a positive response from the real estate sector. Developers and consultants believe stable interest rates will support housing demand, boost buyer confidence and provide better visibility for project planning. However, rising construction costs remain a concern for affordability, especially in mid-income segments.
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