India, April 8 -- The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25% on April 8, as expected, amid hopes of a global recovery driven by the ceasefire in the six-week-long US-Israel-Iran war. For the real estate sector, this stability provides much-needed relief, helping homebuyers maintain affordability, ensuring EMIs remain predictable for current and future borrowers, and enabling developers to plan projects with confidence.

Steady borrowing costs also cushion the impact of rising input prices on demand, allowing stakeholders to recalibrate strategies amid evolving market conditions, say real estate experts.

Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the...