“Keeping the inflation in mind, the RBI was expected to keep the rates unchanged. The real estate sector already had a good festive season and we can see the recovery is expected to strengthen further. The sector is already optimistic because of the increased buyer interest in real estate assets and we expect the demand to sustain in the next quarter as well. The RBI has already announced several favourable measures this year for the real estate sector; however, more needs to be done such as the decision on Input Tax Credit and reduction in s at the State Government level.”
