Mr. Aniruddha Mehta, Chairman & Managing Director, Umiya Buildcon Ltd,
“The Reserve Bank of India’s decision to reduce the repo rate by 25 basis points to 5.25% increases the affordability of homes for a variety of buyers. Furthermore, with this decrease, lenders will pass on the benefit of lower interest rates, giving buyers greater access to purchase power and promoting quick decision making between both the mid-income and luxury home segments. In addition, this cut gives developers improved access to capital and reduced financing costs, allowing them to more easily plan their cash flows, and provides them with the capital needed to launch new projects. We anticipate as demand continues to improve, the speed of real estate sales will continue to increase, confidence in the market will grow, and the overall growth outlook of the real estate sector will be improved as we move towards 2026.”