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Repo Rate Stability To Support Realty Growth

Prashant Khandelwal, CEO of Agami Realty speaks on the significance of maintaining the current repo rate and its potential impact on the real estate sector.

BY Realty+
Published - Friday, 06 Dec, 2024
Repo Rate Stability To Support Realty Growth

We anticipate that the Reserve Bank of India will keep the repo rate unchanged, which will help provide much-needed stability amid global economic uncertainty. The repo rate affects borrowing costs for developers and potential homebuyers, thereby influencing the investment dynamics in the real estate market.

A stable or low interest rate encourages investor confidence, leading to more investment in real estate. Lower interest rates also make homes more affordable, boosting housing demand and property prices. As the new year begins, this stability is likely to continue supporting positive growth in the real estate sector.

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