IGI Logo

Below Reaction on RBI Policy By Mr Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd

The RBI's decision to keep the current interest rates unchanged is a promising step towards easing the financial burden on prospective homebuyers. The surge in monthly EMIs observed over the past few months has considerably constrained the budgets of individuals belonging to the middle and lower-income brackets who aspire to own a home. By maintaining a steady interest rate environment, there is a hopeful projection that these potential buyers will be encouraged to proceed with their home buying plans. This, in turn, is expected to inject a renewed sense of momentum into the affordable and mid-housing home segment, fostering a healthier real estate market and enabling more individuals to achieve their homeownership dreams.

Above views are of the author and not of the website kindly read disclaimer