RBI Policy review: Unchanged interest rates expected to have a stabilizing effect on the real estate sector, say experts
As expected, the Reserve Bank of India (RBI) left its key interest rates unchanged on June 7. This, say real estate experts, augurs well for homebuyers and developers, as borrowing costs won't witness an increase and make home buying more accessible. Realtors said the decision to keep the repo rate unchanged in the latest monetary policy review is expected to have a stabilizing effect on the real estate sector.
