Dr. Samantak Das, Chief Economist & Director Research, Knight Frank India
"RBI has once again shown its stance towards curbing inflationary pressures. By doing so, there is a substantial compromise being made towards the country's GDP growth. Since the mid-quarter review in September, global economies have shown firming up of activities and as a result, Indian exports have shown an upward trend. Additionally, the exchange rate has shown stability and agricultural output is expected to improve even further, in the coming months. Keeping this in view, the Central Bank could have adopted a wait and watch approach by deferring the repo rate hike. This could have helped various sectors including real estate to capitalize on the positive consumer sentiment ahead of the festive season to propel growth"