The RBI’s decision to maintain the current policy rate reflects its continued focus on inflation management and financial stability. From a real estate perspective, this stability supports sustained buyer confidence, especially in the mid‐ to premium housing segments where purchase intent remains strong. While consumers were hoping for a rate cut to ease home loan EMIs, the unchanged stance ensures affordability doesn’t worsen — thereby keeping demand for residential real estate intact. We expect that once inflation starts trending firmly within the RBI’s comfort zone, there could be room for a downward revision in rates, which would provide a further fillip to housing uptake in FY25. For now, policy continuity bodes well for both homebuyers and developers by providing a predictable environment for decision‐making and long‐term planning.

Sudhir Pai, CEO, Magicbricks