In this video, we explore how the Reserve Bank of India's decision to maintain the repo rate amidst global economic volatility impacts the real estate market. With steady home loan interest rates offering a sense of predictability, especially for NRI investors, we delve into the broader implications for both short-term and long-term investments. The video discusses the impact of the RBI's decision to maintain the repo rate at 6.5%. The speaker, Dr. Niranjan Hiranandani, believes that the decision was largely influenced by global economic uncertainty, particularly in relation to Bangladesh. He also notes that the decision may have a negative impact on the affordable housing segment in India.
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