quote by Arka Sarkar, VP – Marketing and Sales at Pilani realty.
The MPC’s decision to lower the policy rate by 25 basis points is a welcome move for the real estate sector. This anticipated rate cut, the first in nearly five years, will provide substantial relief to home buyers. Lower interest rates translate to cheaper home loans and more affordable housing, directly benefiting both prospective and existing buyers. Reduced EMIs increase savings and purchasing power, making homeownership more attainable. Coupled with moderating food inflation and positive Rabi crop projections, this rate cut is expected to stimulate activity in the housing market.
