Reaction on RBI Policy: To ensure sustained growth, the real estate sector necessitates a stable Says Mr Mohit Jain, Krisumi Corporation
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Below Reaction on RBI Policy By Mr. Mohit Jain, Managing Director, Krisumi Corporation
Differing from the U.S.A and European Central Banks, the RBI chooses to keep the Repo rate unchanged. This strategy is preferred to manage inflation and ease pressure on homebuyers. The period following the pandemic experienced an upswing in home purchases due to pent-up demand, which has since tapered off. To ensure sustained growth, the real estate sector necessitates a stable and predictable interest environment.
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