New Delhi [India], August 8 (ANI/NewsVoir): Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4 per cent and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked a mixed bag of feelings among real estate developers. While most agreed that the hike was moderate, their views diverged on the actual impact on the buyers at a time when buyers were warming up towards investing in real estate.
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