RBI may increase bank provisions for commercial realty loans, potentially raising interest rates for builders.
RBI's rate cuts and government stimulus aim to revive the housing market, but developers say more is needed to address credit flow challenges.
The RBI may cut interest rates sooner and more aggressively than planned due to the Mumbai terror attacks and the economic slowdown. The attacks targeted key business hubs, impacting investor confidence. Analysts expect further rate cuts to counter the slowdown and bolster the economy.