Quote on the RBI MPC Announcement by Mr. Sumanth Reddy, Chairman NAR- India
Quote on the RBI MPC Announcement by Mr. Sumanth Reddy, Chairman NAR- India
" The RBI’s decision to cut the repo rate to 6% is a much needed relief for homebuyers, especially those in the mid-income and affordable housing segments, who have been facing mounting price pressures since the COVID pandemic. This move will not only ease the EMI burden for end users but also inject much-needed liquidity into the real estate sector. At a time when the market is still navigating stress and uncertainty, this rate cut provides a strong signal of support for both demand-side recovery and long-term sectoral stability.."
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