Quote on RBI announcement: Mr. T Chitty Babu, Chairman and CEO, Akshaya Pvt Ltd

Mr. T Chitty Babu, Chairman and CEO, Akshaya Pvt Ltd
“The Reserve Bank’s accommodative stance will help maintain the higher demand seen in real estate in the last 2 months. With home loans interests still remaining at record low rates, real estate today is seeing a lot of pent-up demand coming to the fore, and the offtakes are poised to improve further in the next few months, leading up to the festive season.”