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Repo Rate Unchanged at 6.5 per cent: How Real Estate Developers Reacted
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected to significantly boost the real estate sector. However, while welcoming the move, developers also emphasized the need for intervention to support the affordable housing segment, especially as India is committed to fulfilling its housing aspirations.
Delhi-NCR [India], June 10: For the eighth consecutive time, the RBI has decided to keep the repo rate unchanged at 6.5%. This decision, combined with optimistic GDP growth projections, massive infrastructural development, an increased pace of project launches, and robust demand, is expected to significantly boost the real estate sector. However, while welcoming the move, developers also emphasized the need for intervention to support the affordable housing segment, especially as India is committed to fulfilling its housing aspirations.
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