8/8/2024, 12:50:06 pm

RBI move to hold rates to keep housing demand afloat, help homebuyer

Real estate developers and experts have said that the Reserve Bank's decision to keep the repo rate unchanged at 6.5 percent will support the homebuyer sentiment and keep the housing demand afloat as the home loan EMIs will remain unchanged for now. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on August 8 decided to keep the repo rate unchanged at 6.5 percent.