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Below is quote on today's RBI announcement By Kenish Shah, Co-Founder, PropReturns

The further bump in the Repo Rate to 4.9% to battle inflation will bring huge investments into the real estate industry. Savvy investors will now stray away from fixed-income investments such as FDs and government bonds that are losing to inflation. The smart move at this point will be to diversify their portfolio using higher yielding assets like Commercial Real Estate. As seen in patterns before, rental yields in commercial real estate will be pushed up due to the sudden hike in interest rates and will become a powerful wealth creation tool for many investors. The hike in interest rates is a boon for the real estate industry.

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