The Impact Of Increased Repo Rate: An Analysis by Mr. Rakesh Reddy
The Property House Magazine, ,
One of the many moves that are shaking up the real estate industry in recent times is the increase in Repo rate by RBI. With a 25 basis point increase, the rate goes up by 6.5%, which can make potential customers reconsider their decision of investing in a property. However, with increasing inflation and weakening of the Indian currency, this is a move which was expected to happen sooner than later.
According to Mr. Reddy, it can be a setback for the short term, but in the long run, won’t make much of difference.
Grab the latest issue of the Property House magazine to know more.
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