Sourav ShekharNew Delhi, June 5 -- The Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent while maintaining a neutral monetary policy stance has been widely welcomed by the real estate sector, with industry leaders saying the move will strengthen homebuyer confidence, support demand, and provide a stable environment for long-term growth.
With global markets grappling with geopolitical tensions, inflationary pressures, and financial uncertainty, developers and industry bodies believe the RBI's measured approach will help preserve stability in one of the country's key economic sectors.
CREDAI President Shekhar G Patel said the decision reflects a calibrated response to the prevailing global economic environmen...