IF US Federal Bank increase the interest rates by 1% then our stock markets will down to less than 10K and the rupee to 45. India is a hyped market. If I buy a apartment for 40L then I may get rent of 8K but in US if I buy a apartment for 200k(80L) i will get a rent of 900(36K). Don't forget that Indian loan rate at 12% but in US at 6.5%. Indian RE market depends upon next buyer. If u didn%u2019t find a next buyer ur investment is a dead investment. Keep the rupee down to bring more $$ to India and run the show for some time. I am glad if $ down becos I can bring my lot of Rupees to US and can be rich fellow :))
