Property News from IndianRealtyNews |
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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