RBI MPC Annoucement : The increase in repo rate will have an impact on the home buying activity Says Mr. Amarendra Sahu, NestAway Technologies
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Perspective on RBI MPC Annoucement By Mr. Amarendra Sahu, Co-Founder, NestAway Technologies
"Residential rental business is strong and recession-proof. While the increase in repo rate will have an impact on the home buying activity, we are fairly bullish that it will not have a material impact on the home rental activity in the economy. We welcome RBI's prudent decision to hike rates, it will help keep the rising inflation in check."
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