The festive real estate market benefits from a consistent repo rate around Diwali, which is beneficial for property buyers. Reasonable lending terms are created by a stable repo rate, which guarantees low interest rates for home loans. Due to this consistency, which makes homeownership more affordable, potential purchasers are encouraged to get loans at reasonable rates. The ensuing upbeat attitude promotes Diwali house sales, facilitating economic expansion and offering a joyful environment for those starting the process of purchasing a new residence over the festive period.
Read More : Is repo rate stability a boon for Diwali home shoppers?
