The RBI's decision to raise policy rates will adversely impact the real estate sector, increasing property costs. Experts express caution about market reactions.
HDFC Chairman Deepak Parekh states that lending rates will ease only after deposit rates decrease, amidst recent RBI repo rate cut.
SBI plans to reassess home loan interest rates shortly, following a recent increase in its PLR, indicating potential changes in lending conditions.
RBI raises interest rates, impacting stock markets and real estate sector with significant index declines