Real estate sector seeks stable interest rates from RBI MPC
The real estate sector is urging the RBI to maintain stable interest rates during the upcoming MPC meeting, emphasizing the importance of predictability in borrowing costs to support demand and buyer confidence in a cautious market environment.
pre-market1 source ↓written by the desknot a recommendation
As the Reserve Bank of India prepares for its monetary policy committee meeting, the real estate sector is advocating for stable interest rates to bolster demand. Stakeholders emphasize that predictability in borrowing costs is crucial for maintaining buyer confidence amidst global uncertainties. Shishir Baijal from Knight Frank India noted a preference for policy continuity over aggressive rate cuts, reflecting a cautious market outlook.
Not investment advice. For informational purposes only.