RBI’s Neutral Stance on Repo Rate: What It Means for India’s Real Estate Sector

The RBI’s decision to keep the repo rate unchanged at 6.5% for the eleventh consecutive meeting has led to a mix of optimism and concern in India’s real estate sector. While stability in borrowing costs provides confidence to developers and homebuyers, many were hoping for a rate cut to boost affordability and housing demand, particularly in the affordable housing segment. Experts emphasize the importance of government support and liquidity measures to sustain growth in the sector.

Why the Festive Season is the Ideal Time to Invest in Your Dream Home

The festive season in Mumbai has sparked a remarkable surge in property registrations, making it an ideal time for homebuyers to invest. With attractive discounts, favorable home loan schemes, and a plethora of new project launches, this period offers unique opportunities to secure a dream home. Ms. Manju Yagnik discusses the various benefits of investing during this vibrant season, emphasizing the potential for long-term appreciation and the advantages of government policies aimed at promoting homeownership.

Repo Rate Unchanged – Housing Set for Festive Season

The Reserve Bank of India has kept the repo rate unchanged at 6.5%, a decision viewed as pivotal for the housing market during the upcoming festive season. With rising property prices and declining sales, this stability in borrowing costs is expected to encourage homebuyer activity and support the overall growth of the real estate sector.

RBI’s Upcoming Monetary Policy Announcement: Implications for the Housing Market

The RBI’s forthcoming monetary policy announcement could reshape the housing market landscape in India. A possible repo rate cut may lower home loan interest rates, making EMIs more manageable for buyers. With property prices rising significantly, the impact on affordability and investor sentiment will be closely monitored.

Millennials and Gen Z constituted 53% of demand for home loans

Based on the preferences of customers on its platform between October 2022…