Quote on RBI policy impact on Real-estate sector by Mr. Yash Gupta, Angel One Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is quote on RBI policy impact on Real-estate sector by Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Today RBI has announced its policy and keep its Accommodative stance and maintain Repo rate at 4% and reverse repo rate at 3.35%. This policy will help banks to keep home loan interest rates at the current rate or even some dip in it in the coming months. Several banks are offering a home loan at an interest rate of 6.7% during the festival season, this will going to increase the demand for Residential property and eventually will help real-estate players. We continue our buy call on Sobha Limited with a target price of ₹950.
Above views are of the author and not of the website kindly read disclaimer
Tag News
Quote on Silver : Silver price falls in recent weeks Says Prathamesh Mallya, Angel One
