RBI repo rate cut to enhance Kolkata housing market
after close1 source ↓written by the desknot a recommendation
- 5.25%
The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, aiming to stimulate the residential real estate market in Kolkata. This reduction is expected to lower borrowing costs for developers and home loan rates for buyers, particularly benefiting the affordable housing segment. Developers anticipate increased buyer activity as the market shifts towards mid-segment homes.
Not investment advice. For informational purposes only.