Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd.
The Reserve Bank of India is anticipated to reduce the repo rate by 25 basis points, bringing it down to 6%, in the upcoming Monetary Policy Committee (MPC) meeting. This move is aimed at stimulating consumption and driving economic growth. A lower policy rate serves as a catalyst for increased borrowing, encouraging more individuals to invest in home purchases, thereby boosting demand in the housing market.
However, the actual impact of this rate cut will largely depend on how effectively and swiftly commercial banks transmit the RBI’s policy decision to borrowers. For the intended benefits to materialize, the transmission of the reduced rates must be both faster and smoother. Ensuring a seamless and timely pass-through of the rate cut will lead to a higher demand for retail loans, including home loans, ultimately benefiting the real estate sector and contributing positively to overall economic expansion.
Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation
In the upcoming Monetary Policy Review Meeting, the first MPC meeting of FY26, the Apex Bank is expected to further support the economy and borrowers by reducing the policy rate by 25 basis points, bringing the repo rate closer to 6%. This anticipated rate cut would not only inject more liquidity into the market but also stimulate borrowing and spending, leading to increased economic activity. The housing sector, in particular, stands to benefit significantly, as lower interest rates would further reduce home loan EMIs, making homeownership more affordable for a larger section of buyers. The expected policy rate cut is likely to sustain the strong sales momentum in the housing sector in the upcoming quarter.
Mr.Samir Jasuja, Founder & CEO, PropEquity
Average housing prices have risen by approximately 50% post-Covid. At this juncture, the two consecutive cuts in repo rate, in February and April 2025, will provide a cushion to home loan borrowers as EMIs will come down. As home loan rates drop, fence-sitters will be encouraged to make housing purchases. Developers will benefit from reduction in borrowing cost thereby enabling them to expand and launch new projects. The change in stance to accommodative signals further rate cut, a welcome move for the housing sector.
Real estate developer Mr. Sanjeevini Group Chairman and Founder, Umesh Gowda H.A
With inflation dropping within RBI’s comfort zone, the two consecutive rate cuts will give a fillip to the housing sector as rate cut transmission by banks will lead to home loan rate falling below 8% for most banks thereby benefiting a large section of new and existing borrowers. The rate cut will provide a momentum to India’s domestic demand and help sustain India’s economic growth in the wake of global uncertainties. RBI shifting to accommodative stance means the apex bank will further cut rates or maintain status quo.
Mr. Ankur Jalan, CEO, Golden Growth Fund (GGF), a category II Real Estate focused Alternative Investment Fund (AIF)
The two consecutive reductions (50bps) in repo rate are a welcome move by RBI to spur consumption demand and economic growth in view of the global uncertainties and decline in inflation.
However, with expectations of another 50bps cut in repo rate in FY26, the consequent decline in fixed deposit rate will disincentivize HNI/UHNI investors, prompting them to look for potentially high return asset class like AIFs which not just has regulatory oversight but also offers risk diversification and high returns.
Mr. Yashoraj Tyagi, CEO, CASHe
RBI’s framework on co-lending is the need of the hour. With the growing credit demand and now the reduced repo rate, to address the demand, the lending industry will have to come forward collectively (banks, NBFCs, fintech enablers) and pave way for more diverse partnerships between traditional lenders and agile, technology-driven platforms.
This will enable better capital deployment, more efficient risk sharing, and ultimately, greater credit inclusion, especially for India’s aspirational new-to-credit segments. The co-lending model has already shown promise in combining the digital reach and innovation of fintechs with the financial muscle of larger institutions. A wider regulatory framework will now provide the clarity and confidence needed to scale such partnerships further.
Mr. Vinod Kumar Goenka, Chairman & Managing Director, Valor Estate
“The RBI’s decision to cut the repo rate by 25 basis points and adopt an accommodative stance is poised to positively impact the real estate sector. Lower interest rates are expected to enhance home loan affordability, which can significantly boost housing demand, especially in the affordable and mid-income categories. For developers, improved liquidity conditions may ease financing pressures, enabling faster execution and delivery of ongoing projects. The move also bodes well for commercial real estate, as lower borrowing costs could encourage business expansion and increase demand for office and retail spaces. While the GDP outlook has softened, the real estate market stands to benefit from the policy’s clear intent to support growth and investment. Overall, the industry is likely to witness renewed interest and improved sentiment, setting the stage for a more active and stable period ahead.”
Mr. Shishir Baijal, Chairman and Managing Director, Knight Frank India
“We welcome the RBI’s 25 basis point repo rate cut as a timely move to support growth amid global and domestic headwinds. With inflation within target and GDP showing softness, the cut aims to boost investment and consumption without fueling price pressures. We hope that the benefits of this rate cut will be passed to the consumers on an immediate basis, which will be crucial to boost consumption.
The downward revision in growth reflects caution over global trade tensions, though optimism remains for domestic recovery. A drop in crude prices and a stronger rupee have eased inflation, leading to a revised target of 4%. With a cumulative 50 basis point cut in 2025, it is now vital for commercial banks to transmit the benefit to consumers. Lower borrowing costs can aid housing affordability, developer funding, and infrastructure growth.”
Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance
“We welcome the RBI’s decision to reduce the repo rate—a timely and constructive step that supports economic recovery, eases liquidity conditions, and provides much-needed relief to borrowers in a challenging global environment. The move is particularly encouraging for MSMEs and the informal sector, where improved access to credit can have a meaningful impact. At Shriram Finance, this allows us to extend more affordable financing solutions to our customers, helping them grow sustainably. We also commend the RBI’s forward-looking regulatory initiatives on stressed asset securitisation, co-lending, and gold loans. These reforms reflect a deep understanding of on-ground realities and strengthen the ability of NBFCs like ours to drive inclusive growth across India.”
Mr.Sahil Lakshmanan, Chief Business Officer, CarePal Money
The RBI’s decision to reduce the repo rate by 25 basis points to 6% reflects a deliberate shift in focus—from aggressive inflation control to reigniting economic growth. This accommodative stance is expected to ease borrowing costs across sectors, including critical areas like healthcare lending. As access to affordable credit improves, more families will be empowered to finance medical treatments without delay—an essential enabler for both public health and economic resilience. The move underscores the central bank’s intent to support inclusive growth by making credit more accessible where it matters most.
Mr.Rohit Garg, CEO and Co-Founder, Olyv
The RBI’s 25 bps repo rate cut is a clear signal to support growth while maintaining vigilance on inflation. For India’s credit-starved MSMEs and middle-class borrowers, even a marginal reduction in borrowing costs can unlock meaningful financial relief. However, the real test lies in the speed and efficiency with which the financial system transmits this benefit to end consumers. Monetary policy can be a powerful enabler, but its real impact will depend on coordinated execution, structural reforms, and the agility of our financial institutions. The MPC’s stance reflects cautious optimism—acknowledging easing inflation trends while staying alert to global uncertainties such as volatile commodity prices, geopolitical tensions, and shifts in global monetary policy.
Mr. Mohit Goel, Managing Director, Omaxe Ltd, India’s leading real estate brand
“The RBI’s decision to reduce the repo rate by 25 basis points to 6% is a welcome move that aligns well with the current macroeconomic situation. With inflation showing signs of easing and growth requiring a gentle push, this cut will act as a catalyst for demand revival—especially in interest rate-sensitive sectors like real estate. Lower borrowing costs will not only improve homebuyer sentiment but also ease the financial burden on developers. This policy shift reaffirms RBI’s commitment to a growth-supportive environment while maintaining inflation within its target range.”
Mr. Aditya Kushwaha, CEO and Director, Axis Ecorp
“The RBI’s decision to cut rates comes at a significant juncture when NRI interest in Indian real estate is gaining momentum. With the rupee experiencing volatility, luxury real estate and holiday homes present a compelling hedge—offering both capital appreciation and stable returns. This move is expected to boost sentiment across the premium housing segment, particularly in emerging lifestyle destinations. Lower borrowing costs will encourage investment in second homes and holiday properties, which are increasingly being seen as both lifestyle upgrades and long-term assets. Overall, the rate cut aligns well with the evolving preferences of global Indian investors, including HNIs, millennials, and new-age investors seeking stable, high-quality real estate opportunities.”
Amrita Gupta, Director of Manglam Group
“The RBI’s move to reduce the repo rate to 6% with an accommodative stance is a positive signal for the real estate sector. Lower borrowing costs are likely to spur housing demand, especially in the mid and affordable segments. At Manglam Group, we see this as a strong boost for Tier 2 and 3 cities, where infrastructure growth and rising aspirations are already driving real estate momentum. While global uncertainties like the U.S. tariffs pose challenges, domestic fundamentals remain strong, and we are well-positioned to leverage this opportunity across emerging markets.”
Mr. Ashwani Dhanawat, Executive Director and Chief Investment Officer, Shriram General Insurance
The Reserve Bank of India decision to reduce the repo rate by 25 basis points to 6% and adopt an accommodative stance reflects a strategic pivot to support economic growth amid the escalating global tariff war. This policy shift, effective immediately, adjusts the SDF rate to 5.75% and MSF rate to 6.25%, aiming to stimulate domestic investment and consumption as trade frictions erode export performance and global growth decelerates. With FY26 GDP growth projected at 6.5% and CPI inflation at 4%, the RBI anticipates a manageable balance, potentially aided by softer commodity prices. However, persistent external pressures could challenge these projections, necessitating vigilant oversight to mitigate inflationary risks while fostering resilience in key sectors such as real estate and infrastructure. Market sentiment remains positive, though the efficacy of these measures will depend on navigating the complex interplay of global trade dynamics.