June 6, 2019

REPO Rate Cut: A welcome move

Rakesh Reddy, Director, Aparna Constructions, For Property House

The unanimous decision by the Monetary Policy Committee (MPC) of RBI to cut the REPO Rate by 25 bps for the third consecutive time shows a positive sign. This step would definitely prove beneficial for the Real Estate Sector as it will pave the way for increased investments.  Overall, the decision will have a positive impact on all stakeholders. Reducing the REPO Rate will prove beneficial from a consumption and lending perspective. This will spur demand across all segments.

Our Director Mr. Rakesh Reddy in conversation with the Property House shared his thoughts about the reduction in REPO Rate for the third consecutive time. Click on the link to read the coverage: