Rising mortgage rates won’t hit housing sales in India, say experts









































Higher mortgage rates will have a lower impact on the Indian housing market than in the US market, said Kotak Institutional Equities (KIE)



Topics


housing sector | Housing sales | repo rate



















Housing market, Homes, Real estate, Realty

Domestic mortgage rates have increased by around 90 basis points – similar to the increase in the repo rate.







The increase in the repo rate and the subsequent rise in mortgage rates are unlikely to have a major impact on residential sales in the country, stock brokerages have said.



















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First Published: Wed, June 22 2022. 00: 26 IST