RBI Cuts Repo Rate By 25 Basis Points To 6.25%; Real Estate Sector Hails Boost For Homebuyers And Developers
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, anticipating a boost in homebuyer sentiment and increased affordability in the housing market.
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, anticipating a boost in homebuyer sentiment and increased affordability in the housing market.
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