By Shrinivas Rao, FRICS, CEO, Vestian
RBI has kept the repo rate unchanged at 5.50% after three consecutive reductions earlier this year. The central bank is closely monitoring global economic dynamics while banking on the ongoing festive season to stimulate GDP growth. This stable monetary stance is expected to bolster confidence in the real estate sector, fuel demand, and attract fresh investments. With headline inflation remaining within RBI’s comfort zone, there is a likelihood of a rate cut in the near future—a move that would further accelerate momentum in both residential and commercial real estate, supporting long-term sectoral growth.
