How does the repo rate impact home loans for Gurgaon buyers?
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The repo rate, set by the RBI, influences home loan interest rates. When it falls, banks lower lending rates, making loans more affordable and encouraging investment in real estate. A rise in the repo rate increases EMIs, affecting buyer sentiment. In Gurgaon’s market, catering to both first-time and luxury buyers, these changes impact affordability. Developers like Hero Homes offer flexible financing, strategic payment plans, and early-bird benefits, ensuring homeownership remains achievable and financially manageable despite rate fluctuations.