RBI MPC Meeting Live Updates: RBI likely to hold repo rate at 6.50%

Vivek Singhal, CEO, Smartworld Developers, said an interest rate cut in the upcoming RBI meeting will augur well for India’s real estate market. 

A rate cut will lower borrowing costs, stimulate demand, and foster investor confidence.

“Such a move has the potential to unleash a wave of growth and revitalisation in the sector. As consumers prioritise stability and security in their investment decisions, a lower interest rate environment would greatly enhance homebuyer sentiment and bolster affordability — a critical determinant within the housing market landscape,” he said.