Housing demand will stay strong, say NCR developers after repo rate hike

RBI's 25 Bps Repo Rate Hike: Realty Sector Remains Optimistic on Housing Demand

Get latest articles and stories on Business at LatestLY. Delhi NCR [India], October 9: India’s real estate sector remains cautiously optimistic after the Reserve Bank of India’s 25-basis-point repo rate hike, with industry stakeholders expecting sustained housing activity despite potential headwinds from borrowing costs and affordability. While the policy adjustment could prompt some prospective purchasers to reassess their budgets and financing…

Housing demand will stay strong, say NCR developers after repo rate hike

Home-loan costs are expected to rise after the repo rate hike, but developers see strong festive demand, infrastructure growth and resilient Gurugram housing sales.

India’s Real Estate Market Expects Steady Housing Demand Despite RBI Rate Hike

New Delhi, Oct 9: India’s real estate sector expects housing demand to remain steady despite the Reserve Bank of India’s (RBI) recent repo rate hike, as homebuyers continue to weigh property prices, affordability and long-term [...]

Repo Rate quote on behalf of Abhishek Singhania, Chairman & Managing Director, JK Urbanscapes - Press Network of India

Abhishek Singhania, Chairman & Managing Director, JK Urbanscapes said,“The RBI’s decision to raise the repo rate by 25 bps is a clear response to the evolving inflation and global rate environment. While this will raise the cost of capital at the margin, the larger implication for real estate is likely to be greater selectivity in investment and development decisions rather than a broad-based slowdown. Projects with sound demand fundamentals, cr…