Quote on today's RBI announcement By Kenish Shah, PropReturns
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Below is quote on today's RBI announcement By Kenish Shah, Co-Founder, PropReturns
"As a result of the 40bps increase in Repo Rate announced by the RBI today, high-interest rates will once again prevail. With high-interest rates, cap rates and rental yields on commercial properties will increase, making now a good time to invest in income-generating properties. For real estate developers, expensive financing will increase the input costs of construction, thereby increasing the value of the property."
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