Will the RBI’s Rate Cut Be Enough to Save Affordable Housing Segment?
Affordable housing, often considered as the underdog in the diverse landscape of real estate in India, just got a glimmer of hope. The Reserve Bank of India (RBI) recently decided to slash the repo rate by 25 basis points. Now, don’t let the jargon scare you. This basically means that borrowing money—especially home loan might […]
Repo Rate Unchanged: How Homebuyers Can Maximize Their Loan Benefits?
The Reserve Bank of India (RBI) has once again decided to keep the repo rate unchanged at 6.5% for the 10th consecutive time. This decision will give a much-needed boost to the Indian housing market, maintaining the sales momentum during the Diwali season. While several real estate experts and stakeholders were expecting a repo rate […]
RBI Keeps Repo Rate Unchanged – Is It Good or Bad News For Homebuyers?
In a widely expected move, the RBI-led Monetary Policy Committee (MPC) decided to maintain the repo rate at 6.5%, considering the major concerns about inflation. Notably, it is the seventh consecutive time when the central bank committee has kept the lending rate unchanged. For those who don’t know, repo rate refers to the rate at […]