Industry leaders have expressed optimism for the economic growth, Anish Shah, President of the Federation of Indian Chambers of Commerce and Industry (FICCI) praised the RBI's revised outlook.
Read MoreWhile sales in the luxury segments are expected to be strong, those looking for homes in the affordable segment may put off buying homes as they are the most price sensitive
Read MoreExperts also say that the bond yields will remain range bound with a slight easing bias for now
Read MoreContinued low borrowing costs will keep home loans affordable, encouraging both homebuyers and investors
Read MoreThe decision comes amidst a backdrop of economic uncertainties both domestically and globally
Read MoreThe RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook
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