by Sudhir Pai, CEO, of Magicbricks,

“For the first time in nearly five years, the RBI has cut the repo rate, which lowers borrowing costs for homebuyers and developers, enhancing affordability and stimulating housing demand. It also aligns with government initiatives like the SWAMIH Fund, which aids stalled projects, and ongoing efforts to boost affordable housing. Easier capital access for developers is expected to drive supply growth, fostering a favorable real estate market.”