Rate cuts likely to boost home affordability over next 12 months: JLL
New Delhi [India], November 27 (ANI): India's residential real estate market could see an increase in affordability shift, driven by anticipated interest rate cuts by the Reserve Bank of India (RBI), a report by JLL said.
A cumulative 50 basis point (bps) rate cut decision over time will bring relief to homebuyers, reversing the affordability challenges caused by stagnant interest rates and rising property prices since 20