State Bank of India’s decision to increase home loan rates could affect the housing market. Amit Mamgain of Yugen Infra suggests first-time buyers may delay purchases. Demand might shift towards more affordable options. Developers may need to adjust their strategies. They may focus on smaller homes and creative payment plans. Partnerships with banks could help maintain demand.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase