RBI status quo supports balanced environment for realty: Property consultant

RBI MPC: The Reserve Bank of India (RBI) on Wednesday kept the policy repo rate unchanged at 5.25 per cent in its first monetary policy decision for FY 2026–27, pointing to growing global uncertainties and ongoing geopolitical tensions.

RBI Governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) unanimously decided to hold the repo rate at 5.25 per cent under the liquidity adjustment framework. For 2026-27, the RBI projected real GDP growth at 6.9 per cent. Quarterly projections are 6.8 per cent for Q1, 6.7 per cent for Q2, 7.0 per cent for Q3, and 7.2 per cent for Q4.

Industry experts believe the status quo in interest rates will provide a stable environment for the real estate sector, even as external risks persist.

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Rate stability offers breathing room for homebuyers, backs market resilience: ANAROCK

Anuj Puri, Chairman, ANAROCK Group: "As expected, the RBI kept the repo rate at 5.25 per cent in a balanced and cautious approach to the ongoing geopolitical situation in West Asia. While there are still a lot of unknowns, the recent announcement of a ceasefire gives fresh hope for more stability in the future, even though the market is still very volatile in the short term.

Keeping rates steady means stability for current and future home loan borrowers. EMIs will remain unchanged, which makes planning for the future easier. This is especially good news for people buying homes, who can now move forward with more confidence.

ANAROCK Research finds that in the first quarter of 2026, about 1,01,675 units worth INR 1.51 lakh crore were sold in the top seven cities. This is a 7 per cent drop from the previous quarter, but the continued activity shows that the market is resilient and the fundamentals remain robust. The housing market is well-poised for renewed momentum as consumer sentiment rises in tandem with improving macro-economic clarity."

Repo rate hold reinforces stability, sustaining real estate momentum: Knight Frank

Shishir Baijal, International Partner, Chairman & Managing Director, Knight Frank India: "The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent reinforces a sense of stability at a time when global economic conditions remain uncertain. In the face of external pressures such as geopolitical tensions, volatile energy prices, and currency movements, maintaining the status quo provides much-needed predictability to the broader economy.

For the real estate sector, this continuity in interest rates plays a crucial role in sustaining momentum. Stable borrowing costs help preserve affordability for homebuyers while also enabling developers to plan with greater confidence. In an environment where sentiment can be easily influenced by macroeconomic signals, the absence of rate volatility acts as a reassuring factor for the market. With financing costs remaining steady, prospective buyers are better positioned to evaluate and commit to long-term investments such as homeownership.

Overall, the RBI’s decision supports a balanced environment for the real estate sector, helping maintain demand traction and providing the confidence needed for continued market activity in the near term."

RBI’s wait-and-watch stance positive for realty, risks persist: Colliers India

Vimal Nadar, National Director & Head, Research, Colliers India: "RBI has kept the repo rate unchanged at 5.25 per cent in its first MPC meeting of the fiscal year. This along with the continuation of neutral stance reflects a ‘wait-and-watch’ approach amid ongoing West Asia crisis and its fallout on commodity & fuel prices and supply chain disruptions as well. Although inflation levels have inched up in recent times driven by crude price volatilities, it remains relatively contained, with a projection of 4.6 per cent for FY 2026-27. Simultaneously, on the growth front, the GDP is forecasted to grow at 6.9 per cent.

While the outlook for overall real estate remains positive at this juncture, the likely impact of supply chain shocks and the resultant rise in construction materials can slow down ongoing and future construction activities. The intensity & duration of the ongoing crisis will have a significant bearing on consumption patterns including retail, hospitality and housing demand especially in the affordable & mid income segments. At the same, the fundamentals of the Indian economy remain strong and will provide a cushion for the real estate sector to remain resilient in the medium term."

Repo rate status quo brings stability to homebuyers, demand outlook steady: Square Yards

Piyush Bothra, Co-Founder and CFO, Square Yards: "The current update on repo rates brings much-needed predictability for homebuyers and the real estate sector. With borrowing costs holding steady, demand, particularly in the mid-income and premium segments, is expected to remain resilient in the near term. This stability in interest rates also supports buyer sentiment and allows developers and lenders to plan with greater confidence. However, the RBI’s cautious tone suggests that stakeholders should remain prepared for potential shifts as inflation and global uncertainties continue to evolve. Any movement in rates going forward will be closely linked to external factors, and both homebuyers and industry players should stay mindful of changing macroeconomic conditions while making long-term decisions."