Archive · 4 Oct 2025
Realtors Urge RBI to Cut Repo Rate to Boost Housing Sales
Real estate groups CREDAI and NAREDCO want the Reserve Bank of India (RBI) to lower interest rates.
They believe this will help more people buy homes, especially affordable ones.
The RBI recently decided to keep the interest rate steady for now.
The real estate groups hope a rate cut will make buying homes cheaper and boost sales, supporting related industries too.
They point out that housing sales have slowed recently and a lower rate could help.
CREDAI and NAREDCO urged the RBI to cut the Repo rate.
The groups aim to boost demand for residential properties.
RBI kept key interest rates unchanged.
Real estate groups hope banks will pass on benefits.
Groups believe a lower rate would help the affordable housing segment.
- Who
- CREDAI and NAREDCO, RBI
- What
- Urged RBI to reduce Repo rate
- When
- Recent monetary policy meeting
- Where
- India
- Why
- To boost demand for residential properties
- Organizations Involved
- CREDAI, NAREDCO, RBI
- Repo Rate
- 5.5%
- Key Concern
- Boosting affordable housing demand
