RBI repo rate quote from Mr. Navin Makhija, MD, The Wadhwa Group | Monetary Policy

“The RBI’s decision to maintain the repo rate at 5.25% with a neutral stance reflects a calibrated approach amid global uncertainties while preserving domestic macro stability. For Mumbai’s real estate market, a stable rate environment remains a key positive, it sustains buyer confidence and supports affordability, especially in interest-rate-sensitive mid-income and premium segments.

This comes at a time when India’s GDP growth is projected in the ~6.9-7% range and the RBI has already undertaken a cumulative 125 bps rate easing cycle since 2025, which continues to underpin housing demand. On the commercial side, India remains a standout market, with office leasing witnessing strong momentum led by GCC expansion and domestic occupiers. A stable interest rate regime further strengthens investor confidence and supports sustained capital inflows into quality office assets.

That said, evolving global factors, particularly commodity prices and liquidity conditions, will remain key watchpoints, as they could influence future rate trajectories and sectoral sentiment.”