Anil Pharande, President, of CREDAI Pune-Metro said,
The repo-rate increase by RBI was on the expected lines. The real estate market has picked up post the COVID-19 pandemic and currently, both the momentum and market sentiment are positive. It is proven that real estate is the best segment for investment and the growth in the sector will continue. The interest rates are always floating. So over a period of time, they keep changing. Despite the increase, it is the perfect time for consumers to purchase as the market sentiment is positive and new products are coming.
