Repo Rate Cut Anticipated: Here’s How It Would Impact Homebuyers

Given the stable economic conditions in India, a reduction in the repo rate by the RBI was anticipated during the October monetary policy meeting. The timing would have been ideal, especially with the festive season underway. However, the RBI decided to maintain the status quo. Lower home loan interest rates would have been a key driver in boosting consumer sentiment, especially in the affordable housing segment, which is facing strained demand due to higher prices, and weak margins due to higher input costs.

https://lnkd.in/d-zvadny