RBI rate cut to ease demand-supply gap in affordable housing, boost sector
Feb 7, 2025 5:11 PM IST
The NAREDCO president is also hopeful that the commercial real estate segment will benefit as well, as lower borrowing costs will make it more attractive for businesses to invest in office spaces and other commercial properties
The 25 basis points repo rate cut to 6.25%, the first in nearly five years, was announced by the Reserve Bank of India (RBI) on Friday morning (Bloomberg)
...Read More
Follow all the updates here:
News india news RBI rate cut to ease demand-supply gap in affordable housing, boost sector
