Browsing Tag

housing affordability

7 posts
RBI to cut the repo rate in the June 2025 MPC meeting.

Homebuyers May Get EMI Relief Soon as Experts Predict RBI Repo Rate Cut in June MPC Meet

With inflation easing and the economic outlook stable, all eyes are on the RBI’s June 2025 MPC meeting, where experts anticipate a 25 basis point repo rate cut. If passed, this would mark the third cut in a row, potentially slashing EMIs and providing relief to homebuyers—especially in affordable and mid-income segments—while stimulating demand in the real estate market.
RBI

RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs

In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.
Real Estate

India’s Residential Market Set for Improved Affordability in 2025, Driven by Interest Rate Cuts

JLL’s Home Purchase Affordability Index forecasts improved affordability across India’s key residential markets by 2025, driven by a projected interest rate cut. Mumbai and Pune are nearing optimal affordability, while Kolkata will maintain its position as the most affordable market. Residential sales are set to hit record levels in 2024 and 2025, driven by rising household incomes and a potential decline in interest rates.

Rising Construction Costs to Push Home Prices Highe

Construction costs in India have surged by up to 11% in 2024, primarily due to rising labour expenses. Homebuyers can expect higher property prices, particularly in the residential sector, as developers adjust to increased building costs.
Affordable housing

Chennai, Ahmedabad, and Kolkata: Most Affordable Metros for Residential Investments, Reports Magicbricks

Magicbricks’ report highlights Chennai, Ahmedabad, and Kolkata as the most affordable cities for residential investments in 2024, with a Property Price to Income Ratio of 5. In contrast, Mumbai and Delhi are among the least affordable. The report also notes a significant rise in the EMI-to-income ratio, reflecting growing affordability concerns.