Business Today - Festive home rush faces RBI rate shock
The NAREDCO chairman, however, said India’s strong growth outlook, sustained urbanisation, rising aspirations, and continued demand for branded, quality housing provide a solid foundation for the sector.
NAREDCO President Praveen Jain said the impact of the interest rate hike on the residential market is expected to remain limited, supported by strong buyer sentiment, festive demand, and the long-term desire for homeownership.
