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Home rentals have been a significant indicator of economic activity following the ebb in Covid waves and the rise has been pronounced in the NCR
The Reserve Bank of India (RBI) has increased the repo rate by 2.5% since May 2022. As a result, home loan interest rate, which was around 6.5% has now increased to more than9%. However, in its monetary policy of April 2023, the RBI kept the repo rate unchanged at 6.5%. This suggests that there may not be any further increase in interest rates.
Home loan interest is directly linked to the repo rate set by the Reserve Bank of India. The cost of debt increases as repo rate rises.
Is this the right time for people like Navin to invest in property considering the looming threat of global recession and current scenario of rising property prices?
Know in this report why affordable houses are becoming increasingly inaccessible to the common man...
There are many factors to consider in making a house earthquake-resistant. One of these is steel bars....
The better the quality of cement… the much better will be the strength of the house!!!
Which is stronger and more cost-effective to use red bricks or fly ash bricks?
According to Anarock as of May 2022, around 4.8 lakh houses were incomplete in the top 7 cities of the country...
Banks estimate your ability to repay the loan and tell you how much loan you can get. This helps you find a house within your budget