The Reserve Bank of India (RBI) has decided to hold the policy repo rate steady at 5.5% following its latest Monetary Policy Committee (MPC) meeting that concluded on August 6, 2025. The central bank also opted to maintain its ‘neutral’ stance, signaling a cautious approach amid global uncertainties such as tariff tensions and slowing inflation. This marks a pause after a cumulative 100 basis points cut between February and June, during which the RBI implemented three successive reductions to support economic activity.
Alongside the rate decision, the RBI retained its projection for real GDP growth at 6.5% for the current financial year. Quarter-wise growth is expected to stay on track, with estimates ranging from 6.3% to 6.7%. On the inflation front, the outlook has been revised significantly downward. CPI-based inflation is now projected to average 3.1% in FY26, compared to the earlier forecast of 3.7%. The recent drop in headline retail inflation to 2.1% in June—its lowest level in over six years—has contributed to the improved inflation outlook. While rural demand appears stable, urban consumption is yet to see strong momentum, particularly in discretionary categories.
In its broader policy commentary, the RBI acknowledged the support provided by robust government capital expenditure and a favourable monsoon. It also announced continued efforts to strengthen financial inclusion and streamline processes for claim settlements related to bank accounts and lockers. With no immediate changes expected in lending rates linked to the repo benchmark, borrowers may still see adjustments under other frameworks such as MCLR. For depositors, especially senior citizens, fixed deposit rates remain attractive for now, though softer returns could follow if rate cuts resume later in the year.
Industry Experts Opinion
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd.
“The RBI’s decision to maintain the repo rate at its current level reflects a steady approach to supporting economic recovery amid stable inflation. With borrowing costs significantly reduced following three consecutive rate cuts, the current policy stance ensures continued affordability, as rates remain at comfortable levels. This is expected to sustain consumer confidence and support ongoing momentum in key sectors, including real estate. The unchanged policy stance is set to keep the real estate sector’s growth momentum on track. With steady interest rates and strong consumer confidence, developers are expected to meet the sustained demand for quality housing through greater focus on new offerings. This sustained activity will further strengthen the real estate sector’s contribution to GDP growth, job creation, and the expansion of urban infrastructure in the coming quarters.”
Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation
“The RBI’s decision to keep the repo rate unchanged reflects a balanced approach amid ongoing global uncertainties. While a rate cut—as the real estate sector at large was hoping for—would have further accelerated the demand for homes across segments, borrowing costs continue to remain at relatively accommodative levels, supported by the cumulative 100 basis points reduction earlier this year. As a result, the growth of the housing market will likely continue on its upward trajectory. With the festive season approaching, stable interest rates and the continued transmission of past rate cuts are expected to keep housing demand buoyant—particularly in the mid and premium segments. Backed by a positive buyer outlook and attractive developer offerings, market sentiment remains strong, and we anticipate steady sales momentum in the months ahead.”
Mr. Sushil Bedarwal, CMD, Bedarwal Group
“The RBI’s decision to pause the ongoing rate cut cycle is in line with the prevailing economic indicators and the current geopolitical environment. It is also important to note that the market is still in the process of fully absorbing the impact of the last three consecutive rate cuts, which together amounted to a significant 100 basis points reduction. The benefits of these cuts are expected to gradually reflect in improved credit offtake and increased consumer spending, particularly in the retail and housing sectors. The encouraging news is that India’s economic growth continues to be resilient. If macroeconomic conditions remain stable and supportive, we anticipate the RBI may resume the rate cut cycle with a further reduction of 25–50 basis points during the remainder of this calendar year.”
Mr. Raoul Kapoor, Co-CEO, Andromeda Sales and Distribution Pvt Ltd
“As anticipated, the Reserve Bank of India (RBI) has kept the repo rate unchanged, despite favourable factors such as a good monsoon and inflation remaining well below the comfort level. The decision appears to be guided by ongoing geopolitical uncertainties and unresolved global tariff concerns. However, the cumulative 100 basis points cut over the last three Monetary Policy Committee (MPC) meetings has already reduced borrowing costs significantly. As noted by the RBI Governor, the full impact of these rate cuts is still unfolding, and we expect retail credit demand—particularly for home and personal loans—to gain further momentum in the coming months, driven by the upcoming festive season. We believe this is not the end of the current rate cut cycle, and we anticipate further easing in the repo rate in subsequent MPC meetings, depending on evolving macroeconomic conditions.”
Ms. Manju Yagnik, Vice Chairperson of Nahar Group and Senior Vice President of NAREDCO- Maharashtra
“By maintaining the repo rate at 5.5 per cent, the Reserve Bank of India is signalling a continued focus on balancing growth and inflation. With retail inflation cooling to a six-year low around 2.1 per cent in June and price pressures under control, the decision appears prudent and timely. Moreover, the recent imposition of a 25 per cent U.S. tariff on Indian exports adds uncertainty to global trade flows, making this cautious, steady policy stance even more relevant. For the real estate sector, a stable rate means continued affordability of home loans especially critical in a market already seeing robust interest among mid- and premium-segment buyers. As we progress into FY26, this policy pause is likely to maintain homebuyer confidence and support sustained demand in high-growth micro-markets. Combining rate stability with strong urban infrastructure momentum and growing aspirations for lifestyle-driven housing, we expect this period to attract new buyers and investors alike, reinforcing long-term sector resilience.”
Mr. Dharmendra Raichura, VP and Head of Finance, Ashar Group
“The RBI’s decision to hold the repo rate at 5.5% signals a sensible, growth-focused stance in the face of easing inflation and an uncertain global outlook. Following the recent 25% tariff imposed by US President Trump, which has added pressure to the economic cycle, maintaining rate stability provides much-needed reassurance especially for interest-sensitive sectors like real estate. For homebuyers, unchanged rates ensure continued affordability of home loans and support plans to upgrade to larger, future-ready homes. This steady policy direction is set to further strengthen the growth witnessed in dynamic markets such as MMR and Thane over recent quarters. We believe that a stable monetary environment, combined with rising incomes and sustained infrastructure development, will keep housing demand healthy through FY25, as buyers increasingly seek reliable developers, superior construction quality, and long-term value from their real estate investments.”
Mr. Sunny Bijlani, Managing Director, Supreme Universal
“RBI continues to signal its commitment by keeping the repo rate unchanged at 5.5% to nurture the economic growth while maintaining inflation in check. This policy consistency provides much-needed stability at a time when domestic activity needs support and global conditions are uncertain especially in light of the recent 25% tariff move by the US President, which has added volatility to international trade dynamics. For the real estate sector, stable rates help preserve home loan affordability, enabling homebuyers to confidently plan long-term investments. We expect this stance to sustain demand, where buyers look for both lifestyle upgrades and long-term capital appreciation. Additionally, continued infrastructure development, controlled inflation and rapid urbanisation will keep India’s housing market attractive to both domestic and NRI buyers. Policy stability, combined with innovative product offerings and rising aspirations, is poised to drive steady growth across the real estate value chain.”
Mr. Amit Goyal, MD, India Sotheby’s International Realty
“The RBI’s neutral policy stance, coupled with a 6.5% GDP growth outlook and a softer inflation trajectory, reflects a steady macroeconomic confidence. Strong consumption and stable urban demand are already supporting India’s housing sentiment. With home loan rates easing with 3 previous repo rate cuts in 2025, we believe the momentum in home buying will remain cautiously positive—much like the RBI’s approach, balancing domestic resilience with global uncertainties.”
Mr. Piyush Bothra, Co-Founder and CFO, Square Yards
“The decision to maintain the repo rate at its current level reflects a ‘watchful waiting’ approach amidst a mixed economic landscape. Domestically, India’s growth remains resilient, and recent inflation figures have been benign, staying below the RBI’s target range. However, the global economic environment presents uncertainties, including volatile commodity prices and the monetary policy stances of major central banks, which could have spill-over effects on our economy. For the residential sector, a further cut would have been a welcome festive bonus for homebuyers. This stability ensures that borrowing costs remain manageable and avoids any sudden shocks to the market. The onus now squarely falls on the banks to enhance the transmission of previous rate cuts, ensuring that the benefits of lower interest rates are fully passed on to homebuyers.”
Mr. Vimal Nadar, National Director and Head of Research, Colliers India
“After consecutive repo rate reduction to the tune of 100 basis points so far in 2025, RBI has decided to keep the repo rate steady at 5.5%. Alongside this, the Central Bank continued to maintain a ‘neutral’ stance, signaling a cautious approach amidst external volatilities and mounting global trade friction. Going ahead, inflation levels are likely to remain low, keeping the GDP growth rate projection for FY 2025-26 intact at 6.5%. Stability in monetary policy augurs well for homebuyers and real estate developers, particularly in the affordable and mid-income segments. The lowering of interest rates in the recent past is expected to be fully passed on to the end users in upcoming quarters, who are likely to benefit from reduced financing costs. With the festive season approaching, developers can further capitalize on this momentum with timely project completions, new launches and festive offers & discounts. Overall, the cautious yet growth-supportive monetary policy is likely to strengthen demand across real estate segments in the second half of 2025.”
Mr. Amit Prakash Singh, CBO, Urban Money & Co-Founder, Square Yards
“The Reserve Bank of India’s decision to maintain the repo rate at 5.50% reflects a cautious approach in a complex global landscape. For borrowers, this translates directly into a period of stability, with predictable EMIs and interest rates. This also provides the banking system a crucial window to further transmit the benefits of previous rate reductions. All eyes are now on the October policy meeting, where a rate cut is widely expected, which would act as a timely catalyst to boost consumption across sectors and buoy the sentiments during the upcoming festive season.”
Mr. Shrinivas Rao, FRICS, CEO, Vestian
“As expected, the RBI has maintained the repo rate at 5.5%, as the effects of earlier rate cuts are still playing out across the economy and the global macroeconomic environment remains uncertain amid trade disruptions and geopolitical tensions. With robust economic growth and headline inflation under control, the RBI’s neutral stance reflects its intent to closely monitor evolving conditions. This steady monetary policy is expected to bring stability to the real estate sector and encourage fence-sitters to make investment decisions.”
Mr. Parvinder Singh, CEO, Trident Realty
“Trident Realty welcomes the RBI’s sustained decision to maintain the repo rate steady. In today’s economic climate, which is characterized by consistent inflation and global uncertainties, such stability is both reassuring and encouraging for the real estate industry. A stable interest rate environment gives homebuyers the confidence to prepare for the future, while allowing developers like us to focus on long-term, value-driven projects. It reflects a broader trust in the resilience of the Indian economy and supports a healthy investment environment. This not only positively impacts the sentiment in the housing market, but it also reinforces our focus to building sustainable, future-ready developments that cater to the constantly evolving demands of today’s homebuyers and communities.”
Mr. Ashish Agarwal, Director, AU Real Estate
“We appreciate the RBI’s decision to maintain the repo rate, as it brings much-needed stability to the real estate sector. At AU Real Estate, the sustained stability of the repo rate brings much-needed confidence and clarity to the market, especially for high-value, long-term investments like luxury properties. Stable interest rates play a vital role in enhancing the affordability and accessibility of homeownership. As financing becomes more accessible, we anticipate a growing demand for luxury housing, driven by buyers seeking homes that truly embody their personal aspirations. This environment not only strengthens buyer confidence but also empowers us to continue delivering exceptional, high-quality living spaces within the luxury segment.”
Mr. Sandeep Aggarwal, Chairperson and Managing Director, AIL Developer
“We welcome the RBI’s continued focus on maintaining financial stability and curbing inflation through a calibrated monetary policy. The decision to maintain the repo rate at its current level reflects a cautious yet pragmatic stance, balancing growth with price stability. From a property viewpoint, though stable interest rates do bring some relief to developers and homebuyers alike, a cut in rates would have further gained strength for housing demand, particularly in mid-income and affordable segments. The industry is heavily dependent on stable consumer sentiment that is directly related to borrowing costs. We are optimistic about the long-term real estate industry fundamentals and encourage the central bank to take growth-supportive measures in future policies. Facilitating liquidity, enhancing credit flow to the industry, and encouraging home ownership will be instrumental in propelling the next phase of urban development and infrastructure expansion.”
Mr. Sudhir Pai, CEO, Magicbricks
“The RBI’s decision to maintain the current policy rate reflects its continued focus on inflation management and financial stability. From a real estate perspective, this stability supports sustained buyer confidence, especially in the mid‐ to premium housing segments where purchase intent remains strong. While consumers were hoping for a rate cut to ease home loan EMIs, the unchanged stance ensures affordability doesn’t worsen — thereby keeping demand for residential real estate intact. We expect that once inflation starts trending firmly within the RBI’s comfort zone, there could be room for a downward revision in rates, which would provide a further fillip to housing uptake in FY25. For now, policy continuity bodes well for both homebuyers and developers by providing a predictable environment for decision‐making and long‐term planning.”
Sharad Mittal, Founder & CEO, Arnya Realestates Fund Advisors
“After three consecutive rate cuts, the RBI’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, while maintaining a neutral stance, indicating a cautious approach amid mixed economic signals. For the real estate sector, this means borrowing costs will remain at multi-year lows for both consumers and developers — supporting credit growth and sustaining market confidence. By allowing the cumulative 100 basis points in rate cuts announced earlier to fully percolate through the economy, the RBI is encouraging stable planning and investment during a period of both domestic and global uncertainty.
On one hand, retail inflation eased in June 2025 to 2.1%; on the other, new global uncertainties have emerged — such as U.S. tariffs on Indian exports and resulting rupee volatility. The RBI has retained its GDP growth forecast for FY26 at 6.5%, while revising its inflation forecast downward to 3.1%.”
Pramod Kathuria, Founder & CEO, Easiloan
“The RBI’s decision to hold the repo rate at 5.5% with a neutral stance is an indication of a stable and accommodative monetary ecosystem. This stability ensures that the recent 100 bps rate cut can permeate deeper in the credit markets to the advantage of both lenders and borrowers. For the housing loan market, a stable interest rate scenario ensures risk-free choice for homebuyers and consistent growth for the housing market. We view this as a positive development that will further drive momentum in real estate and home finance at Easiloan.”
Keshav Mangla, GM – Business Development, Forteasia Realty
“After three rounds of rate cuts in 2025, this will provide a significant stimulus to India’s real estate sector, with the repo rate of the RBI at 5.50%. First-time buyers and those interested in affordable or mid-income properties have directly benefited, with home loans becoming more affordable due to lower borrowing costs. We expect this to revive sales momentum, especially in metros and Tier II cities where housing demand is somewhat elastic to the level of EMIs. Developers are also expected to benefit as credit flow will be easier; they can either go all out on fresh projects or fast-track existing ones. Regardless, experts advise borrower caution given that the lower rates may not be fully transmitted by banks for a few weeks or months. In fact, the real estate market finds itself at a more hopeful crossroads than it has for over a year.”
Jetaish Gupta, Founder & Director, Adore Group
“Home loans will almost certainly get cheaper now. If you have a floating rate loan linked to the repo rate, your EMIs should come down as banks start reducing interest rates following this RBI decision. Leading public sector and private banks have already cut home loan rates by up to 50 basis points this month. However, the real EMI relief depends on your lender’s internal reset policy, which could mean several weeks of delay before the benefit reflects in your monthly bill. On the other hand, fixed-rate borrowers will have to refinance on their own to take advantage of the lower rates.”
Gunjan Goel, Director, Goel Ganga Developments
“The RBI’s stance can have ripple effects that go beyond homebuyers. It will reduce the cost of funds for developers to move forward with ongoing and new projects, which increases supply in the market and may lead to a moderation in prices. This is particularly relevant for the affordable and mid-income housing segments, which contracted over the past year due to high rates but are now set for a recovery. Better affordability will encourage fence-sitters and new entrants to return to the market, though it may take a few quarters for buyer inquiries and registrations to see real growth. While property prices may not fall, improved liquidity and sentiment could stabilize pricing and help liquidate unsold inventory more quickly.”
LC Mittal, Director, Motia Group
“While home loan rates are anticipated to fall following the RBI’s decision, borrowers must remember that the monetary policy remains ‘neutral’ and there’s no certainty about further rate cuts in the near term. A rate cut now looks unlikely with inflation at multi-year lows and rate hike risks largely contained — but long-term borrowers should still brace for future cycles. The best move: opt for a floating rate loan to benefit from current low EMIs, but repay aggressively to minimize your interest burden. This is an ideal window for serious end-users with long-term property goals, not for speculative plays.”
Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Pvt. Ltd.
“The stability of the repo rate offers comfort and caution in equal measure. EMIs for home and auto loans remain steady, simplifying personal budgeting. However, deposit rates are unlikely to rise quickly, so those chasing better returns may still need to look beyond traditional FDs into bonds or mutual funds. This is a time for recalibration rather than risk — a time to deleverage, build liquid savings, and diversify investments. It may not be a season of windfall returns, but stability enables people to build a financial base methodically, spending wisely and saving without sacrificing the present.”
Raghunandan Saraf, Founder & CEO, Saraf Furniture
“With a stable repo rate in place, the ball is rolling — though at a measured pace. Consumers remain cautious when it comes to discretionary spending. Still, affordable financing may support demand in essential categories such as electronics, home appliances, and furniture. Retailers shouldn’t expect a spending boom, especially as lower deposit rates reduce disposable income. Value will drive buying decisions. In this environment, retail brands must get creative — offering bundle deals, no-cost EMIs, and loyalty programs to attract value-conscious shoppers. This will lead to a more resilient retail sector focused on real needs over impulse purchases.”
Ridhima Kansal, Director, Rosemoore
“It’s a good time for India’s e-commerce players as stable monetary policy keeps borrowing costs low. Personal loans remain affordable, bringing more shoppers into the online funnel via EMIs or credit-driven purchases. This scenario also benefits logistics and fintech partners who can plan with confidence, knowing their capital costs won’t rise abruptly. However, with deposit rates remaining low, consumers are more selective — favoring essentials and proven value. This will compel e-commerce brands to offer sharper deals, smoother UX, and stronger customer service. It’s an ideal phase to strengthen digital strategy and gain market share, especially as the broader retail ecosystem moves toward a digital-first model.”
Mr. Sandeep Agarwal, Executive Director-Finance & Group CFO, Elan Group
“The RBI’s decision to maintain the repo rate at 5.5% reinforces economic stability which is valued by long-term investors. However, a rate cut ahead of the festive season could have provided a much-needed boost to homebuyer sentiment. Affordability continues to be a crucial trigger even in premium segments for those awaiting the right financial window to invest. A reduction in rates could have translated into improved affordability, pushing both first-time buyers and investors into action. In metropolitan markets, where ticket sizes are substantial, even a marginal cut can make luxury purchases more accessible and unlock significant demand.”
Rajat Khandelwal, Group CEO, Tribeca Developers
“The RBI’s decision to keep the repo rate steady at 5.5% gives homebuyers all across a sense of stability amid a period of uncertainty, especially in the premium markets like MMR, NCR, and Pune. While borrowers may not see immediate relief in EMIs, the maintenance of stable borrowing costs helps buyers plan better and reinforces market confidence. At Tribeca, we believe that predictable financial conditions are essential for steady real estate growth, encouraging sustained demand and supporting the aspirations of new homeowners.”
Mr. Payas Agarwal, Director, Great Value Realtybelow
“The RBI’s decision to maintain the repo rate at 5.5% while projecting a stable GDP growth of 6.5% for FY26 signals a balanced and supportive macroeconomic environment. With headline inflation easing to a 77-month low of 2.1% and core inflation steady around 4.4%, consumer sentiment and purchasing power are poised to strengthen. These factors directly benefit the real estate sector by improving home affordability and enabling long-term investment confidence. At Great Value Realty, we are optimistic that this economic stability will accelerate housing demand across both residential and commercial segments in the coming quarters.“
Mr Manoj Gaur, CMD, Gaurs Group
“This status quo reflects a prudent and laudable step by the RBI, especially in light of current international dynamics, including the impact of the Trump Tariff. With inflation significantly below the RBI’s target, the decision will definitely boost the economy and impart positive sentiment to the real estate sector, particularly at the onset of the festive season, a critical period for housing demand. We believe this consistency in policy will help strengthen buyer confidence and stimulate activity across the real estate landscape. It also enables developers to plan ahead with greater clarity, especially for integrated and long-term projects.”
Ashwinder R. Singh, Vice-Chairman & CEO, BCD Group | Chair, CII (NR) Real Estate Committee | Advisor, NAR-India
“With policy rates on pause and inflation poised to ease, the real cost of owning a home is slipping lower—making quality, affordable housing the next frontier. We’ll see a shift from speculative land bets to developments designed around people’s needs and long-term value.”
Deepak Kapoor, Director, Gulshan Group
The two successive rate cuts resulting in a total reduction of 100 bps over the last six months, the RBI’s stance to keep the repo rate steady at 5.5% is as per the realty sector’s expectations. The move aligns with the central bank’s cautious stance against the backdrop of global economic volatility. It is also noteworthy that the previous rate cuts significantly bolstered housing demand, with Tier-I cities recording residential sales worth Rs. 3.6 lakh crore in just the first half of 2025. Even though a slight reduction could have further fueled this growth, particularly benefiting affordable and mid-segment homebuyers. We look forward to a possible rate cut in the festive season as this would provide a timely push to housing demand, especially for first-time buyers and budget-conscious investors.”
Sandeep Chhillar, Founder and Chairman, Landmark Group
“The RBI sustaining the status quo marks a strong pro-growth signal and undoubtedly benefits the real estate sector. With home loan rates likely to fall further, affordability will improve, especially for first-time homebuyers. This move is expected to reignite demand, sustain buyer interest, and create a favorable environment for continued growth across the housing market.”
Amit Modi, Director, County Group
“We welcome the RBI’s decision to maintain the status quo on repo rate. At 5.5%, it is well within the comfort zone of the economy and bodes well for the real estate sector. It is also important to note that RBI continues to maintain its ‘neutral’ stance, which, in conjunction with the rapidly falling inflation, implies that we may expect a further rate cut in the October cycle.”
Uddhav Poddar, CMD, Bhumika Group
“The RBI’s decision to hold the repo rate at 5.50% appears to be a measured and pragmatic step. With inflation easing to multi-year lows and signs of monetary transmission improving, the central bank has rightly chosen to assess the cumulative impact of past rate cuts. At the same time, global headwinds, particularly the recently imposed U.S. tariffs require cautious navigation. By maintaining a neutral stance, the RBI has preserved its flexibility to respond to evolving conditions. For businesses like ours operating in the real estate sector, this stability offers a degree of confidence as we plan for the upcoming festive quarter and beyond.”
Pankaj Jain, Founder & CMD, SPJ Group
“In the midst of global economic uncertainties and recent tariff escalations, the RBI’s decision to maintain the repo rate at 5.5% signals a measured and prudent approach to sustaining economic momentum. While a rate cut would have further boosted home loan affordability, the current stability still bodes well for the real estate sector—especially luxury housing, where demand remains robust. With borrowing costs steady, both end-users and investors can plan confidently, and developers are likely to continue exploring untapped micro-markets. This move reinforces policy consistency and supports ongoing recovery across the sector while contributing to broader macroeconomic resilience.”
Mr. Vikas Dua, Founder & Director, Chintamanis
“RBI bringing the repo rate to 5.5% in June was already in sync with the expectations of the real estate sector. But the real focus now is on continuity. We have high hopes that the government will sustain this momentum with supportive policies in the upcoming monetary policy announcement. While interest rates are just one factor, a further reduction would boost the confidence of buyers and will further induce their investment & consumption decision.”
Gurpal Singh Chawla, Managing Director, TREVOC Group
“The announcement by the RBI to hit the pause button after a 100-bps rate cut in the last 6 months will bring cheers to the sector. At 5.50% the home loan continues to be affordable, and given the fact that the festive season is merely two months away, it will boost the market’s prospects and lead to the real estate sector’s growth.”
Prateek Tiwari, Managing Director, Prateek Group
“RBI’s decision to maintain stability in the repo rate was anticipated and comes at a crucial time, especially in light of recent global tariff hikes. This steady approach will help anchor economic sentiment and indirectly benefit the real estate sector. While a rate cut could have further lowered home loan interest rates—encouraging more first-time buyers and end-users to enter the market—the current environment still supports growth. Developers, too, are likely to stay bullish on new launches, especially in emerging corridors. Overall, this move reinforces market stability and contributes to the broader economic momentum.”
Sanjay Sharma, Director, SKA Group
“The RBI’s decision to keep the repo rate unchanged at 5.5% injects optimism amid economic uncertainty. Setting a positive tone for the real estate sector, this will continue to ease the homebuying process, enhancing home loan affordability and supporting demand across the segments. We see this announcement as a positive push toward a broader recovery in real estate and the economy at large.
Rajjath Goel, Managing Director, MRG Group
“The RBI’s decision to maintain the repo rate at 5.5% with a neutral stance reflects a balanced approach in navigating inflation volatility while supporting economic stability. For the real estate sector, especially in the premium segment of Gurugram, this continuity in policy offers reassurance to both developers and discerning homebuyers. As we approach the festive season, stable interest rates will help sustain the demand momentum built over the last few quarters and encourage long-term investment sentiment,”.
Adish Oswal, Chairman, Oswal Group
“The RBI’s decision to hold the repo rate steady at 5.5% reinforces economic stability while continuing to support the housing sector. The cumulative 1% reduction since February has already improved liquidity, enabling developers to fast-track launches and project deliveries. Meanwhile, the firm reductions in home loan rates are gradually boosting affordability, especially for first-time buyers. Together, these factors are expected to fuel fresh momentum in the real estate market and pave the way for sustained growth in the months ahead.”
Sahil Agarwal, CEO, Nimbus Group
“Even though the RBI did not announce any cut this time, the repo rate, which is presently at 5.50%, a result of a 100-bps reduction since February 2025, is at the real estate sector’s comfort level. With inflation at 2.1% in June, the RBI had a strong case for a reduction. However, the Trump Tariff and the ensuing geopolitical tensions acted as headwinds. As the domestic factors are within control, let’s hope that the international climate resolves soon, giving the central bank the leeway for a rate cut during the festival season.”
Mr. Umang Jindal, CEO, Homeland Group
“RBI’s decision to keep the repo rate at 5.50% signals a cautious approach amid evolving economic conditions. For the real estate sector, maintaining the current rate means borrowing costs remain stable, which may support ongoing housing demand but also means developers and homebuyers won’t get any additional financial relief for now. It could lead to a wait-and-watch sentiment among buyers expecting further rate cuts, while developers might focus on optimizing existing projects rather than aggressively expanding. The unchanged rate also reflects a balancing act, managing inflation without disrupting growth momentum.”
Mayank Jain, CEO, KREEVA
“The RBI’s decision to maintain the repo rate at current levels comes at a critical juncture, particularly amid rising global tariff pressures. While a further rate cut could have served as a timely catalyst to boost market sentiment and accelerate economic revival, the central bank’s steady approach still sends a strong signal of macroeconomic stability. This consistency will help anchor buyer confidence and indirectly benefit the real estate sector. Developers are expected to remain active, particularly in emerging growth corridors, as the environment continues to support both demand and supply-side expansion. Overall, this decision contributes to a stable platform for continued momentum.”
Ishaan Singh, Director, AIPL
RBI keeping repo rate at 5.5% is a decisive move to spur growth, with significant implications for the residential real estate sector. The decision will strengthen confidence among buyers and developers, especially amid the swift shift in global sentiments and recent tariff impositions. The move also highlights the government’s attentiveness to market sentiment, creating the conditions for stronger sales and heightened activity. We anticipate that this move will reinforce the sector’s upward trajectory and drive sustained development in the years ahead.
Ashok Singh Jaunapuria, MD & CEO, SS Group
“The RBI’s decision to hold the repo rate at 5.5% with a neutral stance reflects a cautious yet supportive approach towards economic recovery. While an additional rate cut could have further accelerated housing demand, the stability in policy still reinforces buyer confidence—especially with retail inflation well within target levels. The impact of previous rate cuts is still playing out, and we expect this consistent stance to encourage fence-sitters to take decisive steps towards home ownership during the festive season,”.
Yash Miglani, Managing Director, Migsun Group
“ By maintaining a neutral policy stance, the RBI has reinforced confidence within the real estate sector while keeping the door open for potential rate cuts ahead. This stability is likely to encourage property investments and support stronger sales momentum. As the economy continues to grow, consistent interest rates will benefit both buyers and developers, offering a solid foundation for sustained market expansion. Given the real estate sector’s sensitivity to interest rate movements, the RBI’s measured approach is expected to offer meaningful support and unlock new investment opportunities.
Piyush Kansal, Executive Director, Royale Estate Group
“Following the cumulative 100 bps rate cut, the RBI’s decision to maintain the repo rate aligns with expectations within the residential real estate sector. While an additional cut could have further boosted housing loan demand, the current rate stability continues to support homebuyer confidence and affordability. This consistency is likely to encourage new project launches and sustained traction in residential sales, especially as buyers look for long-term value and financial clarity.”
Kushagr Ansal, Director, Ansal Housing
“The RBI’s decision to keep the policy rates unchanged, maintaining the repo rate at 5.5%, is a welcome move. This stability will benefit the real estate sector, especially at a time when many people are planning to purchase homes during the festive season. With EMIs expected to remain steady, it will encourage homebuyers to consider housing loans more confidently and make timely decisions.”
Ankit Kansal, MD, 360 Realtors
“RBI has decided to keep the repo rate unchanged at 5.5%. However, regulatory authorities could have mulled lowering the rates by another 25 to 50 basis points in the face of reduction in retail inflation. The retail inflation has touched its lowest point in the past 6 years, while the food inflation also continues to soften. The inflationary pressure will further spiral downward backed by rise in economic activities and a healthy monsoon season. This gives RBI enough headspace to inject more liquidity in the market. Indian real estate is one of the key growth engines in the economy and a looming job cuts in the IT sector might further weigh down on the sector. It is hence imperative to take proactive steps to keep the demand driving and help the realty sector grow forward. A forward-looking real estate industry is a major cog in the economic progress as it supports millions of jobs and hundred of ancillary industries”.
Salil Kumar, Director, Marketing and Business Management
“The RBI’s decision to maintain the status quo is a welcome and stabilizing move for both the residential and commercial real estate segments. With the central bank sustaining a neutral stance, there is room for optimism around future rate cuts, which could further strengthen market sentiment. For homebuyers, stable interest rates ensure continued affordability and decision-making confidence. On the commercial front, this would improve financial clarity, and steady borrowing costs are likely to attract investor interest, particularly in office and mixed-use assets. We hope the RBI continues its balanced approach, supporting long-term sectoral growth across all asset classes.”
Saurabh Saharan, Group Managing Director, HCBS Developments
“The RBI’s decision to hold the repo rate steady supports buyer confidence and keeps home loan EMIs stable. In Gurugram, demand remains strong, particularly in the mid and premium segments. While the recently proposed circle rate hikes may impact pricing in select pockets, overall market sentiment is upbeat and growth momentum continues. Stable rates will further drive residential demand and encourage developers to bring new projects aligned with evolving buyer preferences.”
Manit Sethi, Director of Excentia Infra
“The RBI’s decision to maintain the repo rate at 5.5% reflects a stable and forward-looking monetary approach. For the real estate sector, this consistency in policy builds long-term confidence among both buyers and developers. It ensures borrowing costs remain manageable, encourages investment, and supports sustained growth beyond just the festive season. Such stability is essential for a sector that thrives on predictability and trust.”
Prakash Mehta, Chairman and Managing Director, Ocus Group
“By maintaining the repo rate at 5.5% and adopting a neutral stance, the RBI is signalling a calibrated approach to balancing economic growth and inflation control. For the real estate sector, this policy continuity provides a conducive environment for long-term planning, boosts institutional and private equity confidence, and supports the steady execution of infrastructure-driven developments across asset classes.”
Sakshee Katiyal, Chairperson, Home and Soul
“Given the rising global tariffs, the RBI has taken a sensible call to hold the repo rate steady. The accommodative policy stance throughout the year has already softened borrowing costs and improved liquidity. With inflation under control and economic activity picking up pace, this stability gives both homebuyers and developers a clear signal to move forward decisively.”
Rakesh Kaushik, Director, VHD Group
“The RBI’s decision to maintain the repo rate at 5.5% with a neutral stance reinforces policy stability, which is crucial for sustained market confidence, particularly in Tier 2 and 3 cities. These regions are driven by end-user demand and long-term value perception, and consistent monetary policy provides the right environment for first-time buyers to make informed decisions. The previous rate cut had already set the momentum, and this steady approach will ensure that homebuyer interest remains intact through the upcoming festive season.”
Kapil Chug, VP sales, RISE Infraventures
“The RBI’s decision to keep the repo rate unchanged at 5.5% sends a strong signal of monetary stability, which is crucial for the residential real estate market. With homebuyers becoming increasingly sensitive to interest rate movements, this steady stance helps maintain their confidence and encourages timely decision-making. Predictable borrowing costs play a key role in sustaining demand and supporting long-term housing aspirations,” .
Sunny Katyal, Co-Founder, Investors Clinic
“The RBI’s consistent and cautious approach this year has created an environment of monetary stability. With a cumulative 100 bps reduction already in place, today’s pause was expected, especially given the global volatility triggered by tariff tensions. Inflation remains comfortably below target, macro indicators are aligned, and the market fundamentals are strong. For the real estate sector, this signals continuity and confidence, encouraging sustained investment and long-term planning.”
Ashwani Kumar, Pyramid Infratech
“The RBI’s decision to maintain the repo rate at its current level reflects a balanced and cautious approach in a dynamic economic environment. We believe that a rate cut would have further boosted housing demand and increased stability, signalling confidence in the ongoing economic situation unfolding. For the real estate sector, continuity helps sustain the current momentum in homebuyer sentiment, especially for first-time homebuyers.”
Dr. Vishesh Rawat, VP & Head of Marketing, Sales & CRM, M2K Group
“The RBI’s decision to maintain the repo rate at 5.5% with a neutral stance brings much-needed continuity and stability to the financial environment. For the real estate sector, especially in a time when buyer sentiment is gradually improving, this move ensures that home loan rates remain attractive and predictable. As we approach the festive season, stable borrowing costs are likely to support housing demand across segments, particularly among first-time buyers and the mid-income group. It also sends a positive signal to developers and institutional investors looking at long-term commitments.”
Vishal Sabharwal, Head Sales, Orris Group
“The RBI’s decision to maintain the repo rate at 5.5% continues its steady and supportive stance. With a cumulative 100 bps rate cut already in place since February, the focus now shifts to ensuring effective transmission. Even with a status quo, the policy signals remain encouraging, keeping EMIs stable and sustaining buyer sentiment. This consistency is crucial as we head into the festive season, when demand typically sees a natural uptick.”
