Real estate sector seeks stable interest rates from RBI MPC
after close1 source ↓written by the desknot a recommendation
As the Reserve Bank of India prepares for its monetary policy committee (MPC) meeting, the real estate sector is advocating for stable interest rates to bolster buyer confidence. Stakeholders, including Knight Frank India's Shishir Baijal, emphasize that predictability in borrowing costs is crucial for sustaining demand amid global uncertainties. A stable policy stance is preferred over aggressive rate cuts.
Not investment advice. For informational purposes only.