Skip to main content

bizzbuzz.news-Realtors See Strong Housing Demand; Hope For Rate Cut Next Yr

Realtors industry bodies Credai and Naredco expect the RBI to reduce key interest rate in its next monetary policy to boost housing demand, which they said will remain strong with the stability of interest rates on home loans.

 

NAREDCO President G Hari Babu described it as a balanced approach to sustain economic stability while fostering liquidity. "The unchanged repo rate ensures continued affordability for homebuyers and stability in lending rates, both critical factors in sustaining the demand momentum witnessed in residential and commercial real estate.

Read More