Mumbai: Real Estate Sector Welcomes RBI's Steady 6.5% Repo Rate, Anticipates Boost In Home Sales This Festive Season

The real estate sector has welcomed the Reserve Bank of India’s decision to maintain the repo rate at 6.5% for the 10th consecutive time, especially during the festive season. With interest rates remaining stable, equated monthly instalments (EMIs) for home loans are expected to stay manageable, encouraging both current and prospective homeowners.

Oct 9, 2024 - 23:30
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Mumbai: Real Estate Sector Welcomes RBI's Steady 6.5% Repo Rate, Anticipates Boost In Home Sales This Festive Season
The real estate sector has welcomed the Reserve Bank of India’s decision to maintain the repo rate at 6.5% for the 10th consecutive time, especially during the festive season. With interest rates remaining stable, equated monthly instalments (EMIs) for home loans are expected to stay manageable, encouraging both current and prospective homeowners.

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