Stable rate will nudge people to buy homes: Realty execs

The Reserve Bank of India's (RBI's) decision to hold the repo rate at 5.50 per cent on Wednesday will provide "much-needed predictability" to the real estate sector and encourage people to buy homes, according to industry executives.

- PRACHI PISAL

The central bank has cut the policy repo rate by 100 basis points (bps) so far in 2025. That coupled with efforts to maintain liquidity amid global uncertainties may help housing affordability, they said.

"For the real estate sector, the continuation of stable policy rates and surplus liquidity conditions provide much-needed predictability and help preserve affordability for homebuyers," said Shishir Baijal, chairperson and managing director, Knight Frank India.