Quote on The Monetary Policy Announced by the RBI from Sandeep Trivedi, Director at Address Advisors
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Below the Quote on The Monetary Policy Announced by the RBI from Sandeep Trivedi, Director at Address Advisors
"RBI has maintained a repo rate and that’s a good stance for developers as well as homebuyers. This will definitely keep the momentum of sales and demand of homes witnessed in 2024. However, we expect a bit more aggressive approach by the RBI to reduce the repo rate during next revision as it will provide the much needed boost for the sector to grow in the next couple of quarters. The current reduction in CRR is a relief as it will provide more liquidity to banks, and this will hopefully support more home buyers."
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