RBI's status quo on repo rate to boost festive housing demand, homebuyer confidence: Industry experts

The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during the festive season, according to real estate industry experts. The central bank also retained its neutral policy stance, citing uncertainties around inflation, monsoon trends, El Niño, geopolitics and global trade policies.