Sarojini Ahuja - VP, Sales & Marketing, Transcon Triumph shares views post RBI monetary policy

The RBI’s decision to cut Repo Rate by 35 bps has come up as an aid to the Union Budget that focuses on affordable housing and the overall growth of the economy. This will not only benefit the developers but will also excite the home loan borrowers by lowering their EMI burden. The consecutive reduction in the rate cut shows positive signs which will certainly enhance the demand of housing. This move will lead to the investment spur in the real estate sector.