Perspective on the Monetary Policy Announcement by Amit Bhagat, Co-Founder, CEO and MD, ASK Property Fund
Below the Perspective on the Monetary Policy Announcement by Amit Bhagat, Co-Founder, CEO and MD, ASK Property Fund
“Housing demand has been robust in the last 4-5 years, driven by stable macros, strong consumer sentiment, income and wealth growth. However, an increase in capital values has started impacting sales across segments.
A further rate cut of 25 bps with an accommodative stance announced today, post a 25-bps rate cut in February 2025, is likely to further improve affordability. The falling interest rate cycle is likely to sustain consumer sentiment to some extent which has started seeing signs of weakening amid the current global turmoil and uncertainty.”
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