RBI policy announcement on behalf of Mr. Ajay Chaudhary, CMD, Ace Group

“The reduction in CRR by 50 basis points is a welcome move that will infuse much-needed liquidity into the banking system, fostering greater credit availability for both developers and homebuyers. Coupled with the stable interest rates, thanks to the unchanged repo rate, this step is particularly significant for the real estate sector, as enhanced liquidity will fuel housing demand. This decision is set to bolster market confidence, paving the way for sustained growth in demand across both residential and commercial real estate segments. As a result, it will not only support long-term growth but also lead to a direct boost in sales across the sector.”