RBI Increases Repo Rate By 35 Basis Points - Will This Impact Housing Sales?
The Reserve Bank of India (RBI) has yet again raised the benchmark lending rate also known as the Repo Rate by 35 basis points (bps). This is the fifth increase since May 2022. Amid these rising home loan rates, Anarock's consumer survey highlights rising interest among NRIs for Indian homes. To what extent will this hamper the NRIs housing demand and overall real estate market? Industry experts and leaders share their insights on the matter.
