Mumbai, Feb. 7 -- Real estate business leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo rate by the RBI monetary policy committee.

Managing Director of Hiranandani Group, lauding the Budget and its massive tax relief, said that the Finance Minister gave a big boost by raising exemption limit.

"I think RBI's now reduction is going to give the second big boost to the economy," Hiranandani said.

"Affordable housing will be the most delighted because in the last one, one-and-a-half years, there was a setback to affordable housing because of the higher interest rate impact," the real estate business leader told ANI.

"I think this reduction in (repo) rate will also begin a new...