Home Loan EMIs to Fall as Banks Cut Lending Rates; Real Estate Sector Set for a Boost

In a major boost to homebuyers and the real estate sector, top Indian banks have reduced lending rates after the RBI’s recent repo rate cut. The move is expected to lower EMIs, revive housing demand, and encourage fresh property investments, especially in key urban markets like Mumbai and Pune.

Lodha Golfview in Palava Sees Two Transactions Valued at ₹8.5 Cr Each

In 2024, Lodha Golfview in Palava recorded two standout property transactions, each valued at ₹8.5 crore, signaling a shift in the Kalyan-Dombivli market toward luxury real estate. These high-value sales highlight the growing demand for premium homes in emerging locations outside Mumbai’s traditional luxury neighborhoods. With properties priced at ₹15,200 per square foot, Palava is reshaping perceptions of luxury living in the Mumbai Metropolitan Region.