FREE Report: Should I Buy Or Rent A Home?

  • Get India Real Estate Insights & Reports
  • Get Anuj Puri's Newsletter
Download now!

100% Privacy. We will never spam you.

50% Complete

FREE Report: Should I Buy Or Rent A Home?

The answer might surprise you.

100% Privacy. We will never spam you.

Monetary Policy – Lending  Rates Unchanged, But May Inch Upward Soon

Anuj Puri, Chairman – ANAROCK Property Consultants

The Reserve Bank of India’s stance of keeping the repo rate unchanged at 6% is exactly along the lines of our expectations.

Considering that the inflation has inched up (Dec-17 CPI at 5.21%, up from 3.58% in Oct-17 and well above the target of 4%), crude oil prices are rising in the international market and the Government plans to increase the crop support price, maintaining the lending rates unchanged is justified.

We believe that the interest rates will soon start inching upwards, which is already being factored into the rising bond yields for the past few months.

The real estate sector can and should look at the long-term economic prospects and implications on which the monetary policy decisions are based, as these will dictate the growth trajectory for the sector.

FREE Report: Should I Buy Or Rent A Home?

The answer might surprise you

100% Privacy. We will never spam you.

Leave a Reply

Your email address will not be published. Required fields are marked *

All original content on these pages is fingerprinted and certified by Digiprove