RBI repo rate stance may boost festive home sales, but affordability concerns persist for homebuyers
The Reserve Bank of India (RBI) maintained the repo rate at 5.25% for the fourth consecutive meeting, providing stability for homebuyers and developers. Despite this, real estate experts warn that rising construction costs may counteract the benefits of stable borrowing rates, leading to increased apartment prices. The decision is expected to boost housing sales during the festive season, although affordability concerns persist, particularly in the budget segment.