Comment on RBI Monetary Policy by Mr. Mohit Jain, Managing Director, Krisumi Corporation
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Below the Comment on RBI Monetary Policy by Mr. Mohit Jain, Managing Director, Krisumi Corporation
By holding rates steady, the RBI prioritizes inflation control within its target range. While from the real estate sector perspective, a downward revision in rates would have been the best outcome, but the RBI's decision to hold rates implies steady EMIs for borrowers. We expect continued momentum in sales across various property segments, including affordable, mid-range, and luxury housing throughout various regions for the foreseeable future. A downward revision, which is expected later this year, would further propel the sector.
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