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Repo rate hike to weigh on housing demand: Experts
The RBI’s 25-basis-point repo rate hike is expected to weigh on housing demand as it comes against a backdrop of rising property prices. The increase will push up borrowing costs for homebuyers and may lead to deferment in purchasing decisions, particularly in the price-sensitive segments. After nearly three-and-a-half years, the Reserve Bank of India (RBI) on Wednesday raised the key benchmark…
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