Repo Rate Unchanged – Housing Set for Festive Season

The Reserve Bank of India has kept the repo rate unchanged at 6.5%, a decision viewed as pivotal for the housing market during the upcoming festive season. With rising property prices and declining sales, this stability in borrowing costs is expected to encourage homebuyer activity and support the overall growth of the real estate sector.

RBI’s Upcoming Monetary Policy Announcement: Implications for the Housing Market

The RBI’s forthcoming monetary policy announcement could reshape the housing market landscape in India. A possible repo rate cut may lower home loan interest rates, making EMIs more manageable for buyers. With property prices rising significantly, the impact on affordability and investor sentiment will be closely monitored.

Millennials and Gen Z constituted 53% of demand for home loans

Based on the preferences of customers on its platform between October 2022…

RBI Repo Rate Hike: Real Estate Sector Voices for Stability

The Reserve Bank of India (RBI) recently raised its repo rate by…

50 bps increase in REPO rate to pinch homebuyers

By Shishir Baijal, Chairman & Managing Director, Knight Frank India. “A repo…