Try GOLD - Free
Realtors bank on RBI rate cut
Telangana Today - Hyderabad
|June 06, 2025
50 basis point reduction in repo rate likely to boost housing demand and improve sales
Realtors' apex bodies CREDAI and Naredco expect at least 25 basis points reduction in repo rate by the RBI on Friday and said it will help a lot in increasing demand for residential properties.
The RBI's rate-setting panel started its three-day brainstorming on monetary policy on Wednesday, and Governor Sanjay Malhotra will announce the decision on the key benchmark lending rate on Friday morning.
"We are expecting 50 basis point reduction in repo rate. This will boost housing demand to a great extent," CREDAI National President Shekhar Patel told PTI.
He said there should be at least 25 basis points cut.
"Housing demand in the last three months has been a bit slow. So, the rate cut will help immensely in improving the sales," Patel said.
This story is from the June 06, 2025 edition of Telangana Today - Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Telangana Today - Hyderabad
Telangana Today - Hyderabad
Safety first: 10-minute delivery rush ends
Labour Minister Mansukh Mandaviya on Tuesday asked major food delivery and quick-commerce platforms to do away with rigid ‘10-minute’ delivery time commitments, stressing that the safety of delivery partners must come before speed.
1 min
January 14, 2026
Telangana Today - Hyderabad
District rejig plan sparks unease across sections
The Congress government’s district reorganisation plans are leaving different sections of society worried.
1 min
January 14, 2026
Telangana Today - Hyderabad
'8 terror camps on LoC under watch'
Army chief says Operation Sindoor demonstrated India’s readiness, precision
1 mins
January 14, 2026
Telangana Today - Hyderabad
Poll promise: Over 500 dogs killed
The promise to eradicate the street dog menace made during gram panchayat elections by newly elected sarpanches is proving costly for canines, with a disturbing trend of mass killing of street dogs being reported from different parts of Telangana.
1 min
January 14, 2026
Telangana Today - Hyderabad
Revanth's auto-debit plan draws backlash
A day after Chief Minister A Revanth Reddy suggested auto debit of traffic challan amounts from vehicle owners’ bank accounts, people from different sections on Tuesday exposed what they called the Congress government’s double standards.
1 mins
January 14, 2026
Telangana Today - Hyderabad
SC to ask States to compensate dog bite victims
The Supreme Court on Tuesday said it will ask States to pay a “heavy compensation” for dog-bite incidents as it flagged its concern over the lack of implementation of norms on stray animals for the past five years.
1 min
January 14, 2026
Telangana Today - Hyderabad
Chinese manja leaves woman, ASI injured
Two persons sustained injuries in separate incidents allegedly involving the banned Chinese manja on Monday.
1 min
January 14, 2026
Telangana Today - Hyderabad
Beer, not paddy, matters for Cong
As farmers seek irrigation water, govt backs breweries
2 mins
January 14, 2026
Telangana Today - Hyderabad
File fresh suit under Article 131: SC to Telangana
The Supreme Court on Monday disposed of a writ petition filed by the Telangana government against the Polavaram Multipurpose Irrigation Project in Andhra Pradesh, but granted it the liberty to file a fresh lawsuit under Article 131 of the Constitution.
1 min
January 13, 2026
Telangana Today - Hyderabad
Shaksgam Valley row: China rejects India’s objections
China reaffirmed its territorial claims over the Shaksgam Valley in the backdrop of India’s objections, stressing that the Chinese infrastructure projects in the area are “beyond reproach”.
1 min
January 13, 2026
Listen
Translate
Change font size