New Delhi, Aug. 5 -- The Reserve Bank of India's (RBI) decision to keep the repo rate unchanged is likely to support homebuyer confidence, boost festive-season housing demand and investment activity across India's real estate sector as per industry experts.

The apex bank in its Monetary Policy Committee (MPC) meet on Wednesday decided to keep the benchmark repo rate unchanged at 5.25 per cent while retaining its 'neutral' policy stance, stressing the need for greater clarity on the inflation trajectory amid uncertainties surrounding the southwest monsoon, El Nino, geopolitics and global trade policy.

As per industry experts, the rate stability is positive for the real estate sector.

Anshuman Magazine, Chairman & CEO - India, SE Asia, M...