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The latest repo rate hike by the RBI has come in a bid to curb inflation. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent.
With RBI hiking lending rates again, real estate market is embracing for a dip in demand for homes with interest rates surging.
NRI investments in Indian real estate expected to rise by 12 per cent this year, reports suggest
The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation
Home loan interest hike will impair home buying rally as pay out in terms of EMI is scheduled to rise, says Hiranandani group MD