While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how well it can adapt to higher input costs and ongoing global uncertainties
Reserve Bank of India has decided that the standing deposit facility (SDF) will remain unchanged at 6.25 per cent and the marginal standing facility (MSF) and bank rates unchanged at 6.75 per cent.
Hyderabad: After almost a decade, the real estate sector was able to stabilise its property prices in 2019 with home loan rates going down and the purchasing power of buyers growing. However, in the last two quarters, the affordability index, which tracks EMI to income ratio, has gone down marginally all thanks to the recent […]
