Quote on RBI Repo Rate Reaction by Mr. Umesh Uttamchandani, Co-founder and Chief Growth Manager, DevX
Below the Quote on RBI Repo Rate Reaction by Mr. Umesh Uttamchandani, Co-founder and Chief Growth Manager, DevX
"The RBI’s pro-growth and pro-liquidity move to reduce the repo rate to 5.25% while maintaining a 'Neutral' stance is a strategic masterstroke that capitalizes on India’s current 'Goldilocks' moment, characterized by robust 8.2% GDP growth and record-low inflation. For the commercial real estate sector, this acts as a dual enabler. On the supply side, easier access to finance will directly translate into faster project deliveries, particularly accelerating our expansion into Tier-2 markets.
On the demand side, increased liquidity puts more cash in the hands of citizens, driving higher consumption. We anticipate this consumption boom will act as a magnet for GCCs in the Retail and Manufacturing sectors to expand their footprint, seeking agile workspaces to support their growth. With the FY26 GDP forecast revised upward to 7.3%, the office market is poised for a sustained upcycle driven by genuine economic demand."
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