Housing prices may go up by 5-10%

Housing prices may rise by 5-10 percent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India`s decision to raise key policy rates by 25 basis points.

Increase in interest rates could derail country`s growth: SBI

Public sector State Bank of India on Monday said an increase in interest rates could lead to "derailing" the growth prospects of the country.