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Aug 11, 2018
The Property House
Magazine

One of the many moves that are shaking up the real estate industry in recent times is the increase in Repo rate by RBI. With a 25 basis point increase, the rate goes up by 6.5%, which can make potential customers reconsider their decision of investing in a property. However, with increasing inflation and weakening of the Indian currency, this is a move which was expected to happen sooner than later.

According to Mr. Reddy, it can be a setback for the short term, but in the long run, won’t make much of difference.

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