RBI (Reserve Bank of India) to increase the lending rate by 50 basis points, this will lead to home loans costlier which will impact the demand for houses at the time when real estate sector is struggling to cope up with the rising cost of raw materials such as cement, labor and steel. The rise in interest rates will be passed on to the borrowers by the banks as it may not be able to absorb the hike in the rates by RBI. The rise in repo rate by 50 basis points will increase the cost of borrowing and will be difficult for both the builders as well as the home buyers. The rise in home loans will have a deep impact on the middle class buyers as the EMI will shoot up or the loan tenure may extend which will affect their monthly budget. Fresh home loans will be expensive which will make the new home buyers think twice before buying. This will in turn affect the demand for buying a property and might see a low demand for new housing projects.займ на карту без отказов круглосуточновзять кредит онлайн