Mr. Samyak Doshi, Director, Bhoomi Group
The RBI decision to keep the repo rate unchanged is a welcome move for the housing sector. This pause in the rate hike will bring a sigh of relief to home buyers who are already burdened with high property rates. Home buyers will not hesitate in buying their new home as they can take advantage of lower home loan rates. This will create positive market sentiments and push housing demand.”