Rohit Gera, Managing Director, Gera Developments on latest RBI MPC repo rate

 

Commenting on the news, Rohit Gera, MD, Gera Developments said, “ The decision to keep the key rates unchanged is very welcome for the entire real estate sector where sales have restarted but have been hit on account of the omicron mutation. An increase in the interest rate at this stage would be detrimental for the recovery of the sector.”