Mumbai: The Reserve Bank of India (RBI) has decided to hike the repo and reverse repo rates by 0.25 percent i.e. 25 basis points. This implies that now anyone willing to buy a house through a loan from the banks, will have to pay a margin money of at least 20 percent of the value of the property. Prior to this decision by RBI, buyers had a pay a margin money which varied between 10 percent to 15 percent. This might be bad news but now the buyer will have to invest out of his or her savings to buy a house. In addition to this new rule, RBI has also increased the risk value of loans taken above 75 lakh, especially for buying property and now for high cost properties, the interst rates on loans could be increased. In order to control the inflation, the apex bank decided to raise the repo rates to 6.25 percent and reverse repo rates 5.25 percent. RBI has also decided to pause the hiking rates till anything drastic happens in the economy.