Housing sales may reduce due to home loan interest rates

10 Jun 2022 CW Team

On Wednesday the RBI hiked the key benchmark rate by 50 basis points. The decision of the RBI to hike the benchmark interest rate to make home loans costlier and might affect housing sales, in affordable and mid-income segments.

Property consultancy firms such as India Sotheby's International Realty, Anarock, JLL India, Knight Frank India, Colliers India, and Investors Clinic said that this move was on the expected line to curb inflation and would result in a hike in interest rates on home loans.

Anarock Chairman, Anuj Puri said that the rate hike will increase the home loan interest rates, which were already increasing after the surprise monetary policy announcement in May.

Interest rates will remain lower than those in the global financial crisis of 2008, which were 12% and above.

The current increase will reflect on residential sales volumes in the upcoming months, with the affordable and mid-segments.

The housing market persists to be largely end-user driven. According to Puri the hike in repo rate was inevitable. They are now entering the red zone and any future hikes will affect the housing sales.

Colliers India CEO Ramesh Nair expects banks to pass on this rise in repo rate in the form of higher home loan rates in the upcoming months.

He advised homebuyers to make the best out of the prevailing home loan rates, as the housing prices are expected to rise.

Image Source

Infrastructure Energy

16 Feb 2026

Jyoti Structures expands manufacturing capacity in Nashik

The announcement Jyoti Structures (JSL) reported steady operational performance in 2025, supported by stable project execution across its power transmission portfolio. The company commissioned galvanisation operations at its second Nashik manufacturing unit, adding 33,000 MT of annual capacity. This increased aggregate tower manufacturing capability at Nashik to approximately 69,000 MT per annum, aimed at improving fabrication accuracy, scheduling control and delivery predictability. JSL also expanded its workforce to over 750 employees, onboarding more than 70 engineers during the year. C..

TSPL Mega Health Camp Reaches 338 Residents in Mansa

Talwandi Sabo Power (TSPL), Punjab’s largest and North India’s largest private thermal power plant, organised a Mega Health Camp at Village Raipur, Mansa, under its flagship healthcare initiative Project SEHAT. The camp benefitted 338 community members through free consultations and diagnostic services.A team comprising a General Physician, Gynaecologist, Dermatologist and Dentist provided medical advice and treatment. Beneficiaries received free diagnostic tests including BP, HB, blood sugar, malaria, dengue and blood group tests, along with free medicines.The camp was inaugurated by Vill..

Mumbai Coastal Road Musical Path Plays Jai Ho

Mumbai inaugurated India’s first musical path on the Coastal Road that plays the song Jai Ho for motorists. The civic administration said the installation used Hungarian technology and that the intention was to implement the concept of Sangeet Marg in future projects. A senior official suggested implementing a pilot on the Samruddhi Expressway, which connects Mumbai and Nagpur. City officials described the inauguration as a symbolic demonstration of collaboration between municipal authorities and foreign partners. The inauguration was attended by the Consul General of Hungary Ferenc Jari, f..