//Push Notification Skip to main content

Further interest rate hike by RBI may dent real estate demand

The Reserve Bank of India’s upcoming monetary policy committee announcement and guidance is expected to be a decisive event for the interest rate-sensitive Indian real estate sector. The next monetary policy committee (MPC) meeting is scheduled for August 3-5. In line with the global trend of monetary policy tightening to cool off inflation, the RBI has so far hiked the key interest rates by 90 basis points to 4.90 percent.