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Real Estate Industry Welcomes RBI’s Decision to Keep Repo Rate Unchanged, Sees Continued Housing Demand
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Business News This Week
For homebuyers, a stable interest rate environment preserves affordability and enables long-term financial planning without concerns of rising EMI obligations.
Mr. Yateesh Wahaal, Director, M3M India, said, “The RBI’s decision to keep the repo rate unchanged at 5.25% provides much-needed stability to the real estate sector, particularly amid an evolving global economic landscape.
Deepak Sangwan, Chairman, Origen Realty, said, “The MPC’s decision to keep the repo rate unchanged at 5.25% is indicative of a measured approach which will impact the real estate sector positively.
For homebuyers, the stability in repo rate will translate to manageable home loan costs and conviction in buying decisions.
For developers, the unchanged repo rate will reinforce disciplined execution of ongoing and pipeline projects.