The Reserve Bank of India (RBI) uses the repo rate, the interest rate at which it lends to commercial banks, to control inflation.
RBI's annual Credit Policy sparks optimism in the affordable housing segment, with realtors hopeful for lowered interest rates. However, concerns over inflation persist.
Despite a slowdown in GDP, office space absorption in India remained consistent in 2011-12. However, the outlook for 2012-13 appears challenging for developers.