“The RBI’s approach to reduce repo rate marks a pivotal moment for the real estate sector, ensuring stability and propelling the market forward, while making homeownership more accessible. This move, coupled with recent tax benefits, will significantly enhance affordability for homebuyers, particularly in the mid-premium and affordable housing segments. Lower borrowing costs will stimulate housing demand, and encourage first-time buyers, accelerating sales across price brackets. For developers, reduced financing costs will improve liquidity and enable smoother execution of projects, fostering growth in both residential and commercial real estate segments. We are anticipating increased investments and new project launches, creating value for homebuyers and investors alike. As the sector continues to play a vital role in India’s Viksit Bharat journey, the policy change is rewarding. However, going back to the 2019 range of around 5% will help create a new economy of home owners. “
