Strategic Bet on a High-Growth Micro-Market

The site lies within an established Thane micro-market known for strong social infrastructure and connectivity. The upcoming development will be primarily residential and designed as an integrated township-style project, leveraging the scale of the land parcel.

The location is expected to benefit significantly from major infrastructure projects, including:

• The Thane–Wadala Metro line
• The proposed Thane–Borivali twin-tube tunnel
• The Thane Coastal Road
• The Mumbai–Ahmedabad high-speed rail corridor (planned Thane station)

These infrastructure upgrades are projected to reduce commute times and improve access to business hubs across the Mumbai Metropolitan Region, boosting property demand and livability.

Thane’s Rising Appeal Among Homebuyers

Thane has steadily transformed from a peripheral suburb into a self-sufficient residential hub, supported by:

• Established residential communities
• Reputed schools and hospitals
• Retail malls and entertainment zones
• Expanding employment catchments

This combination of infrastructure, lifestyle amenities, and connectivity has made the city a preferred destination for both end-users and investors seeking value compared to central Mumbai.

Company’s Growth Strategy Focused on Key Corridors

According to Gaurav Pandey, Managing Director & CEO of Godrej Properties, expanding in high-potential micro-markets is central to the company’s long-term strategy. He emphasized that Thane’s mix of open spaces, urban amenities, and connectivity makes it one of the most attractive real estate destinations in the region.

This marks the developer’s fourth project in Thane, reinforcing its commitment to scaling presence in high-demand corridors across India’s major cities.

Why This Project Matters for the Market

Industry observers say projects of this size often act as catalysts for local real estate ecosystems. Large integrated developments can:

• Set new pricing benchmarks
• Attract retail and commercial investments
• Improve infrastructure demand
• Increase land valuations in surrounding areas

Given the project’s scale and timing, it could play a key role in shaping Thane’s next phase of urban growth.

Also Read: Godrej Properties Acquires 8.5-Acre Land Parcel in Mahalunge, Pune for ₹2,000-Crore Housing Project

The post Godrej Properties Bets Big on Thane: ₹7,500 Cr Mega Housing Project Announced appeared first on Square Feat India.

The Muhurat Trading session, held between 1:45 PM and 2:45 PM (IST), witnessed a vibrant yet disciplined tone as investors placed small, “Shubh Muhurat” trades to mark the year’s beginning. Realty stocks, which often mirror consumer confidence and long-term growth sentiment, remained in focus amid festive property-buying momentum.

 Sector Performance: Realty Ends on a Bright Note

The Nifty Realty Index closed the Muhurat session higher, supported by gains in large, financially strong developers.
While the broader indices — Nifty 50 and Sensex — closed in positive territory, the real estate segment’s tone was measured rather than euphoric, signaling cautious optimism for the new trading year.

Top Performers:

• DLF gained over 1.3%, buoyed by continued buying interest following its strong Q2 presales report.
• Godrej Properties rose around 1%, supported by upbeat festive sales expectations.
• Macrotech Developers (Lodha) and Prestige Estates also closed marginally higher amid sustained institutional interest.
• Oberoi Realty ended slightly in the green, reflecting strength in Mumbai’s premium housing segment.

Underperformers:

• Several mid-cap and small-cap developers such as Sobha, Brigade, and Kolte-Patil saw muted moves or minor declines, as traders opted for profit-taking after pre-Diwali rallies.
• Thin liquidity and limited participation kept smaller names subdued throughout the short session.

 Why Realty Stocks Gained During Muhurat Trading

1. Festive Demand Sentiment
   Diwali week traditionally marks a peak in home-buying activity, with developers launching schemes and offers. This year’s festive sales optimism supported selective buying in realty stocks.
2. Strong Q2 Earnings
   Blue-chip developers reported robust presales and margin expansions, lending fundamental strength to sector leaders.
3. Symbolic Retail Participation
   Many investors made small, token purchases in real estate and infrastructure stocks as part of Diwali Muhurat rituals, aiding volumes in large developers.
4. Stable Macro Environment
   With steady interest rates and no adverse global news, the backdrop was conducive for a positive session.

 What Didn’t Work for Mid-Caps

• Profit-Taking Post-Rally: Smaller developers that had rallied in the weeks before Diwali saw mild corrections as traders locked in gains.
• Low Volumes: Muhurat sessions typically see symbolic participation, and that meant limited trading depth for smaller realty names.
• Earnings Divergence: Mid-cap developers with inconsistent presales growth struggled to attract fresh buying interest.

 Muhurat Trading: The Significance

The Muhurat Trading session marks the beginning of the Hindu financial year, Samvat 2082, symbolizing prosperity and auspicious beginnings. Conducted for one hour — 1:45 PM to 2:45 PM IST — it is a tradition that blends spirituality with investing.
During this period, many investors — retail and institutional alike — place small “token” trades to invoke wealth and success for the year ahead.

For the real estate sector, this symbolism holds added meaning. Property is traditionally associated with Goddess Lakshmi and long-term wealth creation, making realty counters a preferred pick for Muhurat purchases.

 What to Watch Ahead

• Festive Booking Data: Developers are expected to release Diwali-week presales and booking updates in the coming days, which could influence stock momentum.
• Mid-Cap Catch-Up: Broader participation from smaller realty names could determine whether the sector rally broadens post-Diwali.
• Policy & RBI Cues: Any housing or infrastructure announcements in the coming weeks could serve as fresh triggers.
• Q3 Outlook: With festive bookings feeding into quarterly numbers, investors will watch if this momentum sustains through the December quarter.

 Analysis: Quality Leads the Festive Session

Today’s Muhurat trading reaffirmed a familiar trend — strength in quality.
Large, listed developers like DLF, Godrej, and Lodha continued to attract investor confidence on the back of strong fundamentals and festive demand.
The broader real estate rally, however, remained selective, as investors stayed cautious about mid-cap valuations and execution risks.

For the new trading year, Samvat 2082, the outlook remains optimistic — sustained housing demand, controlled interest rates, and government infrastructure spending are likely to support the sector. However, breadth and volume expansion across the realty spectrum will be key to converting this festive cheer into a sustained rally.

Also Read: Mumbai Sees Record Property Registration Revenue During Diwali Boom

The post 🪔 Diwali Muhurat Trading 2025: Realty Stocks Shine Moderately as Big Developers Lead the Festive Session appeared first on Square Feat India.

Airport + Atal Setu = New Growth Frontier

Vimal Nadar, National Director & Head of Research, Colliers India, says:

“The opening of the Navi Mumbai International Airport signifies more than just a milestone in air travel. It marks a pivotal transformation in the region’s real estate landscape, particularly within the residential and commercial sectors. The announcement of this upcoming airport had already triggered a substantial rise in property values across key areas in the vicinity including Uran-Ulwe, Kharghar, Dronagiri, Taloja, and Panvel. This greenfield airport will further accelerate the growth, driving sustained demand and significant price appreciation, presenting lucrative long-term investment opportunities.”

According to Nadar, Navi Mumbai’s positioning as a sub-dollar office market — with lower rentals compared to central Mumbai — combined with enhanced global access, is expected to spur commercial leasing activity. He adds that the proposed Aerocity, which will integrate commercial, residential and recreational spaces, will help create “a new urban ecosystem that blends work and lifestyle.”

The Atal Setu sea bridge, which has dramatically cut travel time between Navi Mumbai and South Mumbai, is another game-changer that places Panvel firmly on the real estate radar of buyers, developers, and investors.

Panvel Outpaces Navi Mumbai in Property Appreciation

The Panvel region has recorded extraordinary price growth, outpacing the rest of Navi Mumbai in both apartments and plotted developments:

Asset Type	Panvel Region (FY21 → FY25)	Rest of Navi Mumbai (FY21 → FY25)
Apartments	₹10,000–12,000 per sq.ft 74% growth	₹19,000–21,000 per sq.ft 45% growth
Residential Plots	₹80,000–85,000 per sq.yd 93% growth	₹1,10,000–1,30,000 per sq.yd 58% growth

Deepak Khandelwal, Principal Partner & Chief Sales Officer at Square Yards, observes:

“The Navi Mumbai International Airport stands as a cornerstone of the region’s broader infrastructure push, supported by major upgrades in road, rail, metro, and waterway connectivity. Its imminent operationalisation has already begun to reshape the real estate landscape, particularly across the Panvel region. Localities such as New Panvel, Old Panvel, Kharghar, Ulwe, and Taloja are witnessing a surge in development, with a growing supply of premium residential projects, gated communities, and large integrated townships.”

He adds,

“The market response has been strong, with apartment prices in the Panvel region rising by nearly 74% between FY 2021 and FY 2025, compared to 45% growth across the rest of Navi Mumbai. With the first phase to be inaugurated today and full-scale operations expected soon, the airport is set to drive the next wave of value creation, reinforcing Panvel’s position as one of the most promising growth hubs not only within the Mumbai Metropolitan Region and beyond.”

What This Means for Homebuyers and Investors

For homebuyers, Panvel has transformed from a “future promise” market to a now-or-never opportunity. The combination of airport-led infrastructure, lower ticket sizes, and premium township launches offers buyers both lifestyle and appreciation potential.

For investors, Panvel offers two distinct advantages:

1. Capital appreciation: Strong price momentum already visible pre-airport inauguration.
2. Rental yield & commercial play: With Aerocity and new office corridors on the cards, Panvel could evolve into a new residential-cum-business hub — similar to Gurugram post-IGI airport expansion.

Developers, meanwhile, are fast-tracking launches to tap into this demand surge, especially in New Panvel, Kharghar, Taloja, and Ulwe — areas well connected to the upcoming airport and metro lines.

The Takeaway

The Navi Mumbai International Airport is not just another infrastructure project — it is redefining the real estate geography of MMR. As phase one goes live, Panvel stands at the cusp of its biggest transformation yet, with growth driven by connectivity, infrastructure, and investor confidence.

For those who saw Panvel as “too far” a few years ago, the airport’s inauguration may well be the inflection point.

Also Read: Airport Micro-Markets See Steepest Property Price Surge

The post ✈️ Navi Mumbai Airport to Take Off — Panvel Property Prices Already Soaring 74% appeared first on Square Feat India.

H1 2025: Record-Breaking Performance

From January to June 2025, Mumbai clocked 75,672 property registrations as of June 30 noon. This marks a 4% increase compared to 72,491 registrations in the corresponding period of 2024. Revenue collected by the state government from these registrations also reached a peak of INR 6,699 crore, a 14% year-on-year growth from INR 5,874 crore in the same period last year.

Mumbai Property Registrations & Revenue (H1 Comparison)

Source: IGR, ANAROCK Research

June 2025 Trends and Historical Context

June 2025 alone saw 11,211 properties registered by noon, generating INR 1,004 crore in revenue. While registrations for June dipped slightly (about 4% lower than June 2024’s 11,673 deals), revenue held firm, nearly matching last year’s figure with only a 1% decline.

Anuj Puri, Chairman – ANAROCK Group, commented, “June 2025 saw Mumbai notch up its second-highest property registrations for the month in six years, with 11,211 properties changing hands and revenue collections hitting an impressive INR 1,004 crore.” He added, “While registrations dipped slightly – about 4% lower than June 2024’s 11,673 deals – this year’s revenue held firm, matching almost last year’s figure. In fact, June 2025’s revenue was just 1% lower than last year, highlighting the market’s resilience despite a marginal drop in transactions. Mumbai’s real estate continues to deliver strong numbers, even as the pace has cooled a bit.”

June Revenue Trends (2019-2025)

Source: IGR, ANAROCK Research (Note: Only specific years provided in source data)

Sales Volume vs. Registrations: A Paradox Explained

Despite the strong registration numbers, overall housing sales across the Mumbai Metropolitan Region (MMR), including Mumbai City, remained muted in early 2025. ANAROCK Research indicates that Mumbai saw about 189,570 units sold in H1 2025, a 32% drop from the same period last year.

Puri attributes this apparent paradox to a record-breaking March. “Behind this seeming paradox lies a record-breaking March,” Puri stated. “After the announcement of a 3.9% hike in Maharashtra’s ready reckoner rates for FY26, buyers rushed to register properties, resulting in a whopping 15,501 registrations – the highest March tally in three years.” For comparison, only December 2020 (19,581) and March 2021 (17,728) recorded higher numbers, both influenced by COVID-era stamp duty reductions. March 2025 was exceptional, collecting over INR 1,589 crore in revenue from property registrations alone.

Average Ticket Price Indicates High-Value Sales

Further analysis of property registrations and demand trends from January to June 2025 reveals that the average ticket price of homes sold stood at INR 1.60 crore. This is over 3% higher than INR 1.56 crore recorded in H1 2024, and a significant 55% jump from INR 1.02 crore in the corresponding period of 2021. This trend indicates a continued preference for high-ticket priced homes over more affordable ones in the Mumbai market.

Also Read: Mumbai Real Estate Market Updates

The post Mumbai Property Registrations Reach All-Time High in First Half of 2025 appeared first on Square Feat India.

The report indicates a significant surge in high-end demand, with 42% of Bengaluru’s total ₹10 crore+ luxury home sales over the last four years occurring in FY25 alone. This growth is attributed to factors such as Bengaluru’s thriving tech economy, rapid improvements in infrastructure, and the increasing lifestyle aspirations of urban India’s affluent population.

Demand is particularly strong for luxury homes priced between ₹10–12 crore, as they offer a combination of value and exclusivity. Hebbal has emerged as the leading market for these high-value apartments, capturing 22% of the total sales value. Other areas in Bengaluru experiencing increased interest in luxury apartments include Domlur, Sudhamnagar, and Bomanahalli.

Apartments with sizes ranging from 5,000–7,000 sq. ft. are currently in high demand, reflecting a preference for spacious, upscale living.

Ashwin Chadha, CEO of India Sotheby’s International Realty, commented on this trend, stating, “Bengaluru’s luxury housing market has entered a new league. We’re seeing discerning buyers- especially CXOs, startup founders, and global Indians, investing not just in a home, but in a lifestyle. The demand today is driven as much by aspiration as by strategic asset allocation. What’s equally encouraging is the rise of new luxury hubs across the city. That said, Bengaluru’s infrastructure will need to keep pace with this rapid evolution. Going forward, we expect more steady and sustainable appreciation in prices as the market matures and becomes even more quality-conscious.”

The report suggests that this historic growth is fueled by rising demand from high-net-worth individuals (HNIs), startup founders, CXOs, and global Indians who are increasingly seeking aspirational properties that provide exclusivity, prime locations, and a high quality of life.

Also Read: Century Real Estate Reports Strong Growth Amid Rising Demand for Luxury Properties in Bengaluru

The post Bengaluru’s Luxury Housing Market Surges Past ₹1,000 Cr Milestone appeared first on Square Feat India.

Details of the Transactions

As per the documents available on the Inspector General of Registration (IGR) Maharashtra website accessed by Square Yards, Ghai sold two apartments within the same complex, on the same floor, for an identical price of ₹5.80 crore each.

• First Apartment
  • Sale Price: ₹5.80 crore
  • Carpet Area: 889 sq. ft (~82.59 sq. m)
  • Built-up Area: 1,067 sq. ft (~99.14 sq. m)
  • Stamp Duty: ₹34.83 lakh
  • Registration Fee: ₹30,000
• Second Apartment
  • Sale Price: ₹5.80 crore
  • Carpet Area: 889 sq. ft (~82.59 sq. m)
  • Built-up Area: 1,067 sq. ft (~99.14 sq. m)
  • Stamp Duty: ₹34.83 lakh
  • Registration Fee: ₹30,000

Why Jogeshwari?

Jogeshwari, located in Mumbai’s western suburbs, is known for its excellent connectivity to key commercial and entertainment hubs. The area is well-connected through:

• Western Express Highway
• Jogeshwari-Vikhroli Link Road (JVLR)
• Multiple railway stations and metro lines

This makes it a sought-after location for real estate investments, offering a blend of residential convenience and commercial accessibility.

About Subhash Ghai

Often referred to as the “Showman of Bollywood,” Subhash Ghai is a legendary filmmaker who has delivered iconic films like Ram Lakhan, Khalnayak, Taal, Pardes, and Saudagar. Over the years, he has won several prestigious accolades, including the Filmfare Award for Best Director and the National Film Award for his contributions to Indian cinema.

Apart from filmmaking, Ghai is also the founder of Whistling Woods International, one of India’s leading film schools, where he has been instrumental in mentoring aspiring filmmakers.

Market Impact

The sale of these premium apartments highlights the continued demand for high-end residential properties in Mumbai’s western suburbs. Industry experts believe that transactions like these further strengthen Jogeshwari’s reputation as a growing real estate hub.

For more updates on Mumbai’s real estate market, stay tuned.

Also Read: Subhash Ghai and Wife Mukta Ghai Buy ₹24 Crore Luxury Apartment in Mumbai’s Bandra

The post Subhash Ghai Sells Two Apartments in Mumbai’s Jogeshwari for ₹11.61 Crore appeared first on Square Feat India.

Skyrocketing property prices and geopolitical uncertainties have been cited as primary reasons for the decline in sales. “MMR and Pune accounted for 51% of the total sales, with MMR seeing a 26% yearly drop and Pune witnessing a decline of over 30%. Hyderabad recorded the highest annual drop in sales at 49%, while Bengaluru had the lowest decline at 16%,” said Anuj Puri, Chairman of ANAROCK Group.

New Launches Drop by 10% Y-o-Y

New housing supply also took a hit in Q1 2025, witnessing a 10% annual decline. The total number of new launches across the top seven cities fell from approximately 1.11 lakh units in Q1 2024 to just over 1 lakh units in Q1 2025.

Despite this decline, new launches in NCR, Bengaluru, and Kolkata surged by 53%, 27%, and 26%, respectively. However, other cities recorded substantial drops, with Hyderabad witnessing the highest decline of 55% Y-o-Y.

Luxury and ultra-luxury homes (priced above INR 1.5 crore) dominated the new supply, comprising 42% of the total launches. The premium segment (INR 80 lakh – INR 1.5 crore) followed with a 27% share, while mid-segment homes (INR 40-80 lakh) and affordable housing (under INR 40 lakh) accounted for 18% and 12%, respectively.

City-Wise Breakdown of New Launches

Among the top markets, Mumbai Metropolitan Region (MMR) and Bengaluru saw the highest number of new launches, accounting for 52% of the total supply in Q1 2025. While MMR witnessed a 9% dip in new launches, Bengaluru recorded a 27% Y-o-Y rise. Pune’s new supply declined by 10%, while NCR saw a significant increase of 53%.

Sales Performance Across Major Cities

In terms of sales, MMR led the market with 31,610 units sold in Q1 2025, marking a 26% decline from Q1 2024. Pune followed with 16,100 units sold, recording a 30% dip. Bengaluru saw the lowest drop at 16%, with 15,000 units sold.

Hyderabad recorded the steepest fall in sales at 49%, with only 10,100 units sold compared to 19,660 in Q1 2024. NCR, Chennai, and Kolkata also witnessed significant drops ranging between 20% and 31%.

Price Trends and Unsold Inventory

Despite the decline in sales, property prices continued to rise. Average residential prices in the top seven cities surged by 17% annually, with NCR and Bengaluru recording the highest jumps of 34% and 20%, respectively.

At the same time, unsold inventory in these cities dropped by 4% Y-o-Y, falling from approximately 5.80 lakh units at the end of Q1 2024 to 5.60 lakh units by the end of Q1 2025. Pune saw the steepest decline in unsold inventory at 16%, whereas Bengaluru recorded a 28% increase in available stock.

Market Outlook

Industry experts believe that while India’s macroeconomic fundamentals remain strong, rising property prices and global uncertainties are creating short-term hurdles for the housing market. “India’s overall economic scenario remains positive, with GDP growth expected to be among the highest globally and inflation under control. However, rising housing prices and global headwinds have impacted the residential market in Q1 2025,” Puri added.

Going forward, developers may focus more on right-sizing and right-pricing strategies to boost affordability and attract demand, particularly in the mid and affordable housing segments. The market’s trajectory in the coming quarters will largely depend on interest rate movements, economic stability, and global geopolitical developments.

Also Read: Akshay Kumar real estate

The post Housing Sales Plummet by 28% in Q1 2025 Across India’s Top 7 Cities appeared first on Square Feat India.

Key Findings of the Report

According to NHB, as of September 30, 2024, the total outstanding individual housing loans in India reached ₹33.53 lakh crore, marking a 14% year-on-year (YoY) increase. The report attributes this rise to growing urbanization, policy support, and an expanding mortgage market.

• Loan Disbursements: During the half-year ending September 30, 2024, ₹4.10 lakh crore in housing loans were disbursed, contributing to a total of ₹9.07 lakh crore disbursed in the financial year 2023-24.
• Segment-wise Loan Distribution: Affordable housing dominated, with the Economically Weaker Section (EWS) and Low-Income Group (LIG) segments accounting for 39% of outstanding housing loans. The Middle-Income Group (MIG) comprised 44%, while the High-Income Group (HIG) made up 17%.
• Housing Price Index (HPI) Trends: The NHB-RESIDEX index recorded a 6.8% YoY increase in housing prices as of September 2024, compared to a 4.9% rise in the previous year.

Government Initiatives Driving Growth

The NHB report highlights the impact of major government schemes such as the Pradhan Mantri Awas Yojana (PMAY-U and PMAY-G), the Affordable Rental Housing Complexes (ARHC) scheme, and the Urban Infrastructure Development Fund (UIDF). The anticipated rollout of PMAY 2.0 and the increased focus on transit-oriented development are expected to sustain sectoral growth.

Challenges and Future Prospects

While the housing sector has witnessed robust expansion, the report underscores challenges such as regional disparities in credit access, affordability concerns, and climate-related risks. However, advancements in construction technology, digitization of land records, and policy support provide promising avenues for continued growth.

SFI Analysis:

The NHB report reaffirms the strength of India’s housing sector as a key driver of economic growth. The 14% YoY surge in individual housing loans indicates a resilient demand for homeownership, supported by affordable financing options and government incentives. The dominance of the MIG and affordable housing segments underscores the growing aspirations of India’s middle class. Additionally, the 6.8% rise in housing prices suggests sustained investor interest and confidence in real estate. However, ensuring equitable credit access across regions and mitigating economic uncertainties remain critical for long-term stability. Moving forward, integrating technology-driven solutions and sustainable housing practices will be pivotal in shaping India’s housing market trajectory.

Also Read: Seeking A Housing Loan? Read This New RBI Policy

The post India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth appeared first on Square Feat India.

This surge reflects growing consumer confidence in newly launched properties, as homebuyers prioritize affordability and potential returns over ready-to-move-in (RTMI) homes. The trend has been steadily rising over the past five years:

• 2020: Of 1.38 lakh units sold, 28% were fresh launches.
• 2021: 34% of 2.37 lakh sold units were newly launched.
• 2022: 36% of 3.65 lakh sold units were from new launches.
• 2023: 40% of 4.77 lakh sold units were newly launched.

Bengaluru & Chennai Lead in New Launch Absorption

Among the top seven cities, Bengaluru and Chennai recorded the highest share of new supply absorption in 2024, with 53% each. Of approximately 65,230 units sold in Bengaluru, 53% were newly launched, while in Chennai, 53% of 19,220 sold units were from new launches.

NCR also saw a significant rise in new launch absorption, with over 44% of 61,900 units sold in 2024 coming from projects launched in the same year. This marks a sharp increase from just 22% of newly launched homes sold in 2019. The shift highlights a growing preference among NCR homebuyers for fresh supply, backed by financially strong developers and improved regulatory oversight post-RERA.

Investors Shift Focus to Southern Cities

Investor sentiment is also fueling the demand for fresh launches, particularly in Bengaluru, Hyderabad, and Chennai. These cities have seen a notable rise in new launch sales share, indicating increasing investor interest in properties at lower entry points.

Unlike previous years, developers are now focusing on launching projects that align with market demand, offering prime locations, optimal unit sizes, and desirable configurations. This has driven large and listed developers to actively acquire land for new residential developments. In 2024 alone, ANAROCK reported 133 land deals covering 2,515 acres, with 1,948 acres dedicated to residential projects.

City-Wise Absorption Trends

Kolkata recorded the lowest share of fresh supply absorption at 31% of approximately 18,330 units sold in 2024. However, this was still an improvement from 23% in 2019, indicating a gradual increase in new project demand.

Conclusion

The rise in new launch sales across India’s top cities signals a transformative shift in homebuyer behavior. With the dominance of reputed developers, improved market transparency, and favorable pricing in fresh launches, new projects are gaining unprecedented traction. As the demand for residential real estate continues to evolve, the preference for newly launched homes over RTMI properties is expected to remain strong, shaping the future of India’s housing market in the years ahead.

Also Read: Bhushan Kumar Of T-Series Paid Rs 167 Crore For Juhu Bungalow

The post New Home Launches Dominate Sales in Top 7 Indian Cities in 2024 appeared first on Square Feat India.

Lower home loan interest rates will provide much-needed relief to homebuyers by reducing their equated monthly installments (EMIs), making property purchases more affordable. Industry leaders believe this decision will drive housing demand, boost market activity, and encourage more investments in real estate.

A Positive Step for Homebuyers and Developers

Manju Yagnik, Vice Chairperson of Nahar Group and Senior Vice President of NAREDCO Maharashtra, welcomed the decision, stating, “The RBI’s decision to cut the repo rate by 25 basis points to 6.25% is a welcome step for the real estate sector, especially as this is the first reduction since February 2023. Lower home loan interest rates will provide much-needed relief to homebuyers, making property purchases more affordable by reducing EMIs. This move is expected to drive demand for housing, boosting market activity and encouraging more people to invest in real estate. It also enhances confidence among both buyers and developers, leading to a stronger and more dynamic sector. Developers will benefit from easier access to funds, helping them complete projects faster and meet the rising demand. At the same time, this decision aligns with the government’s focus on economic growth, supporting long-term stability in the housing sector. This rate cut is a much-needed push that will help both homebuyers and developers while driving positive momentum in real estate.”

The cut in the repo rate is expected to reduce borrowing costs, which will not only make home loans more affordable for buyers but also ease financial stress for developers.

Sunny Bijlani, Joint Managing Director of Supreme Universal, emphasized the benefits for both homebuyers and developers, saying, *“The RBI’s decision to cut the repo rate by 25 bps from 6.50% to 6.25% in February 2025 is a significant boost for the real estate sector, particularly for homebuyers and developers. Lower borrowing costs translate into reduced home loan EMIs, making property purchases more accessible, especially in the premium and luxury segments. This move will not only ease the financial burden on existing homeowners but also encourage new buyers to enter the market, strengthening overall demand.

For developers, the rate cut means lower financing costs, enabling them to fund projects more efficiently and accelerate delivery timelines. With capital becoming more affordable, we expect renewed momentum in high-end real estate, where buyers seek quality living spaces with long-term value appreciation. The increased liquidity and affordability will help clear unsold inventory, drive sales, and sustain the sector’s upward trajectory in 2025.”*

Encouraging First-Time Buyers

Experts believe that this rate cut will be especially beneficial for first-time homebuyers. Lower interest rates mean reduced financial burdens, making homeownership more attainable, particularly in the mid and premium housing segments.

Dharmendra Raichura, VP & Head of Finance at Ashar Group, highlighted the advantages for new buyers, stating, “The Reserve Bank of India’s (RBI) decision to reduce the repo rate by 25 basis points to 6.25% is expected to have a positive impact on the real estate sector, particularly for first-time homebuyers. With lower home loan interest rates, our homebuyers will find housing more affordable, especially in the mid and premium segments. This reduced financial burden will boost property demand, encouraging more purchases and enhancing market liquidity. Developers will also stand to benefit from improved cash flow and reduced financing costs. This will enable us to stimulate construction activity, leading to more real estate projects and employment. This policy shift, combined with stabilizing inflation and accelerating urbanization, creates a favorable environment for our customers to invest in their dream homes. With growing market confidence, developers are committed to delivering long-term value and success to our customers in 2025.”

The Road Ahead

With the RBI’s rate cut, banks and financial institutions are expected to pass on the benefits to borrowers, leading to a reduction in home loan interest rates. This will likely trigger an uptick in home sales, particularly in metro cities where property prices have been rising. The move also comes at a crucial time when urbanization is accelerating, and the demand for quality housing continues to grow.

While the real estate sector has seen steady demand over the past few years, affordability has been a key concern, especially for first-time homebuyers. With the repo rate cut, housing finance is expected to become more accessible, allowing more people to enter the market and invest in their dream homes.

Overall, this decision is a strong signal from the RBI in support of economic growth, and experts believe it will drive long-term stability in the real estate sector. As homebuyers enjoy lower EMIs and developers gain easier access to funding, the housing market is set to gain fresh momentum in 2025.

Also Read: RBI interest ratees

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