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Vinay Pakhija's comment on RBI increases repo rate: Will it further hurt Gurgaon's already slowing real estate market?

I do not think the increase in Repo rate will hurt the market sentiments in long run. In short term it may slow things down. But I agree with what is said by David and Vineet. It will stabilize prices. In Gurgaon's real estate market, that is very much required.
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