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Further Rate Hike by RBI can Dampen Residential Demand

Posted: 29 Mar 2010 10:05 PM PDT

Any further hike in policy rates by the Reserve Bank of India (RBI) is expected to dampen the demand for the residential real estate segment due to the rising cost of home loans. RBI recently hiked the repo and reverse repo rates by 25 basis points to check the spiraling inflation in the country. Any [...]

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