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The Times of India
The Times of India
Business
PTI

Builders expect slowdown in housing demand in short-term on RBI's rate hike

NEW DELHI: The RBI's decision to hike the benchmark interest rate will make home loans costlier and affect housing sales, especially in affordable and mid-income segments, according to property consultants.

The RBI on Wednesday hiked the key benchmark rate by 50 basis points.

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