The continuous rate hikes may lead to short-term impact in the overall housing demand when buyers are optimistic of making a home purchase decision and this may add to buyers' overall acquisition cost.The real estate sector had started seeing .
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The latest repo rate hike by the RBI has come in a bid to curb inflation. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent.
The pandemic has fuelled the demand for Goan properties like never before. While prices are shooting up fast, new destinations for luxury property too are emerging; Moira in North Goa for instance.