RBI Policy: Stability in lending rates bodes well for housing sector, say realtors
Apr 8, 2024 | BY: Financial Express | Source
Axis Ecorp's insights have been featured in Financial Express. We welcome RBI's decision to maintain the repo rate at 6.5%, we ensure consistency in interest rates, offering homebuyers reassurance in their loan terms. With affordable rates, the market presents new opportunities for aspiring homeowners. The surge in projects, housing supply, and luxury sales, coupled with record property registrations and 7% price appreciation, reflects the robust real estate performance.
Moreover, the luxury sector thrives, driven by discerning buyers seeking exclusive living experiences. With growing demand and architectural innovation, the luxury real estate market is set for sustained growth and innovation.
