As per Economy.com The Reserve Bank of India (RBI) could start raising its repo and
reverse repo rates in late 2009 and early 2010 and might also opt to increase
banks' cash reserve ratio first.
This suggest that RBI is getting concerned about inflation slowly. Commodity prices are shooting up and necessary items like Food and Home again reaching out to new highs.
Time to prepare for dumping your real estate portflio ? Not sure yet.