Despite bank rate hikes, real estate may continue to draw investments even as India has a hung inventory of over 6 lakh unsold, ready-to-move flats
After the announcement of a rate hike by India’s central bank led to home loans getting expensive and is expected to have an impact on the real estate sector, realtors say that the volatility in the stock market will push investors to real estate. Despite apprehensions, the real estate purchase surge may continue to help the realty business recover from pandemic pressures.
Source – Business Today . In
