Quote on RBI Rate Cut Lifts Housing Demand by Mr. Samyak Jain, Director, Siddha Group
Below the Quote on RBI Rate Cut Lifts Housing Demand by Mr. Samyak Jain, Director, Siddha Group
The 25 Basis point repo rate cut is a timely boost for homebuyers and developers alike, easing financing costs and reviving demand momentum. With four consecutive cuts this year, the RBI has established a decisively accommodative monetary environment. Lower rates should translate into more affordable EMIs, encouraging pent - up housing demand to convert into sales. For the sector to fully capitalize, we would require sustained fiscal support. This move signals confidence in growth, but long-term stability will depend on inflation staying in check. "Mr. Samyak Jain, Director, Siddha Group
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