BOB also cautions that the rate cut could be further delayed if inflationary pressures persist
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Property prices are rising, and if a prospective buyer finds a property that fits their preference and budget, they should proceed with the purchase instead of waiting for ideal conditions
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The decision to keep the repo rate steady comes amidst persistent concerns about inflation, which remains above the RBI's target range
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Since half of the MPC members retire after this meeting, a couple after the next. The markets would look for a proactive announcement of the incoming members, much before their term starts, writes the author
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While 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
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Experts also say that the bond yields will remain range bound with a slight easing bias for now
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Continued low borrowing costs will keep home loans affordable, encouraging both homebuyers and investors
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