Views on RBI Monetary policy by Mr. Ashish Narain Agarwal, Founder and CEO at ropertyPistol.com.

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New Delhi, August 10, 2023: The RBI’s commendable decision to maintain the repo rate at 6.5% for the third consecutive time has found favor across sectors. This move effectively balances inflation while nurturing economic growth.

In the realm of real estate, this decision is a welcome one, particularly due to the steadfast momentum witnessed in the housing segment over the past year. The availability of attractively priced home loans will catalyze growth across luxury, mid-income, and affordable housing segments. As we approach the upcoming festive season, a pivotal period for the industry, the trajectory of growth remains promising. The supportive monetary policy framework provided by the RBI serves as an additional catalyst, poised to further bolster the real estate sector. This synergy between prudent fiscal measures and sectoral dynamism bodes well for the future outlook of the real estate landscape.

Corporate Comm India (CCI Newswire)