Quote on post RBI policy announcement and how it will have affordable houses and real estate market by Mr. Chandresh Vithalani, Palladian Partners Advisory LLP
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Below the quote on post RBI policy announcement and how it will have affordable houses and real estate market by Mr. Chandresh Vithalani- Director Palladian Partners Advisory LLP
This move reflects a deep understanding of the need for economic stability, which is paramount for the growth and confidence of both developers and investors. By keeping the Repo rate steady in the face of global uncertainties, the RBI has provided a predictable financial environment, allowing for more strategic planning and investment in real estate projects.
Furthermore, the decrease in inflation rates brings into focus the critical aspect of affordability, making home ownership more accessible to a larger segment of the population. With CPI inflation projected to stabilize at 5.4% for FY24, and an even more optimistic projection of 4-5% for the current quarter, we are looking at a robust real estate year ahead.
This environment not only boosts buyer confidence but also stimulates sustainable growth in the real estate market, ensuring that investments made today will yield positive outcomes in the future"
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