Quote on the RBI Monetary Policy announced by Mr. Vijay Harsh Jha, Founder and CEO of property brokerage firm VS Realtors
Below the Quote on the RBI Monetary Policy announced by Mr. Vijay Harsh Jha, Founder and CEO of property brokerage firm VS Realtors
The housing market has shown signs of a slowdown. A 25-bps rate cut and its proper transmission would provide homebuyers cushion from rising property prices thereby encouraging home purchases. Developers, too, stand to benefit from lower cost of borrowing enabling faster project execution. The housing demand-supply dynamics seem to be aligning since second half of 2024 and this pursuit of symmetry, in what developers are launching and what buyers want, will help propel real estate market.
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