RBI cuts repo rate by 25 bps to 5.25%, making loans cheaper, but is now the right time to buy a house?

The Reserve Bank of India (RBI) on December 4 cut the repo rate by 25 bps to 5.25%. Following earlier rate reductions this year, the move further strengthens the value proposition for homebuyers, especially in the affordable and mid-income segments that are highly sensitive to interest rate changes. First-time and mid-income buyers stand to benefit […]

RBI Monetary Policy: Will the central bank’s rate cut revive housing demand and convert fence-sitters into buyers?

The RBI’s 25-basis-point repo rate cut to 5.25% is expected to make advances, including home loans, more affordable, offering timely year-end relief for homebuyers as high property prices persist. Real estate experts say the move could draw first-time, affordable, and mid-market buyers back into the market. Its true impact, however, hinges on the speed and […]

RBI’s Sanjay Malhotra sees scope for repo rate cut in December monetary policy| Business News

India’s recent macroeconomic data reinforces the case for a repo rate cut in the December monetary policy, Reserve Bank of India Governor Sanjay Malhotra said on Monday, triggering a drop in the bond yield. RBI Governor Sanjay Malhotra. (Reuters) “The monetary policy committee had signaled the scope of further rate cuts in October and the […]