Samir Jasuja, Founder and CEO of PropEquity

The RBI’s focus on maintaining stable inflation while promoting growth is a welcome move and in line with the efforts of the government. The 25bps cut in repo rate, along with the announcements in the Budget towards boosting consumption, will help increase economic activity and direct investments towards the real estate sector, especially in affordable and mid-income housing. Making borrowing cheaper will not only help homebuyers, both new and old but also provide liquidity to the developers.

According to PropEquity, the supply of homes in the affordable and mid-income category (priced Rs 1 crore and below) across the top 9 cities has dipped by 36% in the last two years and 30% in the last year in 2024 with Hyderabad and NCR witnessing drastic fall in supply in this category.

Mr. Garvit Tiwari, Director & Co-Founder, InfraMantra

The 25bps cut in repo rate will help reduce the EMI of home loan borrowers and make new loans cheaper. This is a welcome move because real estate has come under some pressure in the last few quarters. While the luxury real estate segment may not be impacted much, this move will immensely benefit affordable and mid-income housing. Declining urban consumption is a cause for concern and with this cut, some reversal is likely in the coming quarters.