Real estate developers hail RBI governor Shaktikanta Das for EMI moratorium extension, key rate cut
Real estate developers have welcomed the 40 bps repo rate cut and reverse repo rate cut by the Reserve Bank of India (RBI) Governor Shaktikanta Das led Monetary Policy Committee (MPC).
Real estate developers were in extra praise for the RBI Governor for extending the EMI moratorium for additional three months as it would help home buyers to come out of the stressed EMI payments. Photo: PTI