Increased Cost of Borrowing to Impact Cost of Construction, to Put Pressure on end-users: Developers
A majority of realty consultants and developers have welcomed the RBI move to tame inflation. However, they fear that the rate hike will ultimately make home loans costlier, impact buyer sentiment and hit residential sales. As widely expected, the RBI increased the repo rate by 50 bps to 4.9% on Wednesday, which was imminent in […]