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  3. UNCHANGED REPO RATE WILL SUPPORT CURRENT MOMENTUM

UNCHANGED REPO RATE WILL SUPPORT CURRENT MOMENTUM

Ashok Singh Jaunapuria, MD and CEO, SS Group is of the view that there will be an increase in investor interest due to the stable interest rate environment in real estate.

BY Realty Plus
Published - Monday, 11 Dec, 2023
UNCHANGED REPO RATE WILL SUPPORT CURRENT MOMENTUM

The RBI's move to keep current repo rates unchanged is good news for the real estate industry. It will support preserving the market's current momentum. The real estate industry is expected to see an increase in investor interest due to the stable interest rate environment.

We anticipate continued high demand in the upcoming months, as the present interest rate is favorable for purchasers. After recent market turbulence, this decision gives a much-needed time of calm, supporting the real estate industry and encouraging steady expansion in the housing market.

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