Further hike in interest rate will certainly put a break on the demand in the housing sector Says Saransh Trehan, Trehan Group
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Below Quote on RBI Monetary Policy Announcement By Mr. Saransh Trehan, Managing Director, Trehan Group
With the latest increase in repo rate, home loan rates will cross the level of 9% per annum. So far the demand in the housing sector remained unimpacted with past increase, but any further hike in interest rate will certainly put a break on the demand in the housing sector.
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