Quote on RBI Monetary Policy - Real Estate Sector by Mr. Sumit Agarwal, Director, Ashtech Group
Below the Quote on RBI Monetary Policy - Real Estate Sector by Mr. Sumit Agarwal, Director, Ashtech Group
The 25 bps rate cut is a welcome boost for borrowers as it directly reduces EMI pressure and improves overall loan affordability. Home loan rates, which had climbed above 9% early last year, are now already below 7.5%. With this cut, we expect rates to move closer to the 7%–7.25% range—an attractive window for homebuyers. Lower interest outflow can often be the deciding factor between planning a purchase and finally making one. This decisive move by the RBI will uplift consumer confidence and stimulate demand across major housing markets.
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