The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. This comes after last rate reduction in May 2020.
Real estate experts feel this rate cut will have a positive impact on the overall sector, making home loans more affordable and increasing demand for housing.
The 25 basis points repo rate cut to 6.25%, the first in nearly five years, announced by the Reserve Bank of India (RBI) on Friday morning, has the potential to alleviate the demand-supply gap in affordable housing at a time when the sector is experiencing unprecedented premiumisation.
India’s real estate industry hailed the Reserve Bank of India’s decision to reduce the key interest rate by 25 basis points on Friday, saying this rate cut will have a positive impact on the overall sector, making home loans more affordable and increasing demand for housing.
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, anticipating a boost in homebuyer sentiment and increased affordability in the housing market.
The Telangana branch of National Real Estate Developers Council (NAREDCO) has lauded the infrastructure developments and policy reforms shaping Hyderabad’s future. The Hyderabad Real Estate Summit 2025, held on January 28, brought together industry leaders and government officials to discuss the city’s emergence as a global investment destination.
NAREDCO Maharashtra has entered into a strategic partnership with the International Finance Corporation (IFC) EDGE team. This collaboration has come to fruition due to the efforts of the NextGen team, which played a key role in facilitating the partnership. They will work together to unlock global financing opportunities that will not only drive growth in the real estate sector but also focus on sustainable practices, ensuring that India moves towards a greener, more environmentally conscious future.
During a lecture organized by NAREDCO Mysuru, ACP Sandesh Kumar SN of the City Crime Branch (CCB) urged the public to report cybercrimes without fear. He emphasized that lodging complaints is crucial to stopping cybercriminals, particularly in the real estate sector, where new methods of fraud are constantly emerging.
The proposed hike in TDS (Tax Deducted at Source) on rentals up to Rs 6 lakh, as promised in the Union Budget 2025, aims to bolster rental investments, said Niranjan Hiranandani, Chairman of National Real Estate Development Council (NAREDCO) and the Hiranandani Group.
In a conversation with ANI, the NAREDCO chairman on Saturday stated that the Union budget presented by Finance Minister Nirmala Sitharaman in Parliament today, has been hailed as a transformative step for India's real estate and infrastructure sectors.
While no big-bang announcements were made by the FM for the real estate sector, several measures that are set to come into operation from April 1 are expected to help prospective middle-income homebuyers to take the plunge, feel the industry stakeholders.
The Union Budget 2025, unveiled by Finance Minister Nirmala Sitharaman, has been hailed as a game-changer for India's real estate and infrastructure sectors. The proposed increase in Tax Deducted at Source (TDS) on rentals up to Rs 6 lakh aims to invigorate rental investments, according to Niranjan Hiranandani, Chairman of the National Real Estate Development Council (NAREDCO) and the Hiranandani Group. In a discussion with ANI, Hiranandani emphasized the transformative nature of the budget for promoting rental market growth.
