Real estate sector worried about further increase in repo rate
According to Vimal Nadar, Head of Research, Colliers India, home loan interest rates are already at an alarmingly higher level of 9.5 per cent and above in response to the increase in repo rates.

Over the past three quarters, the interest rate on home loans has risen to over 9 per cent, representing a 40-50 per cent increase from the historical low of 6.5 per cent per annum. (Image credit: Reuters)