Sheth Realty CMD Chintan Sheth on RBI Repo Rate Cut Boosting Housing Demand

Experts Speak

RBI Repo Rate Cut Stimulates Housing Demand: Sheth Realty’s Chintan Sheth

3 weeks ago

Industry Insights on RBI’s Repo Rate Cut

The real estate sector views the Reserve Bank of India’s 25-bps repo rate cut positively, highlighting its impact on affordability, buyer confidence, and market momentum.

Mr. Chintan Sheth, Chairman & MD of Sheth Realty, said:

“Any reduction in the repo rate is a positive sign for the entire real estate sector, since home loans will now be more affordable. This MPC decision to lower interest rates will ensure that fence-sitters are encouraged to take buying decisions and will usher in benefits across affordable, mid-income, and premium segments.
Today’s rate cut also means easing financing costs for developers and thus significantly benefit ongoing and upcoming projects. We see this rate cut move leading to demand stimulation, bettering buyer sentiment, and contributing to sustained growth in the overall housing market.”

Analysts expect the move to boost homebuyer activity, improve project execution, and support growth across all residential segments, creating a favorable environment for sustained real estate development.