Mr. Ramji Subramaniam, Managing Director, Sowparnika Projects

A 25-basis-point reduction in the repo rate will give fresh impetus to India’s housing market. As home loan rates are expected to fall further, borrowing will likely become affordable for prospective homebuyers. Lower borrowing costs, coupled with recent GST reforms, will create a favourable environment for both buyers and developers. We anticipate renewed demand across mid-segment and aspirational housing, supporting the long-term stability and growth of the sector.

Bhavesh Kothari, Founder & CEO, Property First

“The RBI’s move to cut the repo rate to 5.25% is a positive signal for the market at a time when easing retail inflation has provided enough monetary elbow room to the central bank. This should spur demand in the real estate sector and galvanise household savings by way of a lower EMI outgo. The rate cut seen together with a higher GDP growth outlook bodes well for the industry, which will rise to the occasion.”

Navin Dhanuka, Director, ArisUnitern RE Solutions Pvt Ltd

“The RBI’s 25 bps rate cut — taking the total reduction this year to 125 bps — comes at a crucial moment for the industry. Lower home-loan EMIs will materially improve affordability and boost homebuyer confidence, especially in the mid-income and aspirational segments. This policy shift strengthens project viability, accelerates on-ground execution and is likely to spur fresh supply as demand gains momentum, supporting broader growth across the real-estate sector”

Manan Joshi, Co-Founder, Sarvam Properties

“With the Reserve Bank of India cutting the repo rate to 5.25 per cent, borrowing becomes cheaper and that’s excellent news for home-buyers — lower interest costs will boost affordability just when the economy is enjoying robust growth and tame inflation. As more buyers and builders engage, this could spur demand across urban and middle-income housing segments, giving a welcome lift to the real estate market”