tradingview.com-Long-struggling affordable housing segment sees ray of hope after RBI cuts key policy rate
After a prolonged period of sales decline and low levels of supply, sales in the affordable housing segment may see a new lease of life after the Reserve Bank of India (RBI) cut its key repo rate by 25 basis points to 6.25 percent, paving the way for lower interest rates on home loans. The downside, however, remains in the form of a continued increase in home prices across all markets, with inflation continuing to be on the higher end, observers noted.