Mumbai,: India’s real estate sector received a strong boost today as the Reserve Bank of India announced a repo rate cut, a move widely expected to enhance affordability for homebuyers. Industry leaders welcomed the decision, noting its positive impact on both demand and liquidity.
Commenting on the development, Rohit Gera, Managing Director, Gera Developments, said the reduction in borrowing costs will encourage fence-sitters to re-enter the market, supporting sales momentum during a period of stretched affordability across major metros. Developers believe the cut will also ease funding pressure and improve project viability. With demand already robust, the latest policy move is expected to further strengthen market confidence in the coming months.
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