NewsVoir Delhi-NCR [India], December 19: The Reserve Bank of India (RBI) decided to keep the repo rate steady, as seen in its recent choice to maintain it at 6.5% for the fifth time, which indicates a commitment to economic stability. This deliberate decision has positive effects across various sectors, particularly impacting the real estate sector. A stable repo rate has several beneficial outcomes as it contributes to a more predictable economic environment, supporting long-term planning for businesses and investors. The RBI's measures to balance the repo rate and control inflation reflect its aim to balance economic growth while preventing excessive inflation. In the real estate sector, a stable repo rate promotes affordability for homebuyers, sustaining demand and boosting investor confidence. The recent decision by the RBI to keep the repo rate at 6.5% aligns with its broader goal of fostering sustainable economic growth and managing inflation, highlighting the importance of t
Price appreciation will also depend on factors such as the law and order situation in the area, last-mile connectivity and civic amenities, experts say
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