Amit Goyal, managing director, India Sotheby’s International Realty, said that if the rate cut is passed on to home loan borrowers, it will support demand momentum and help the sector navigate this period of uncertainty.
Banks have not transmitted earlier monetary policy committee rate cuts due to higher funding costs, pressure on net interest margins, elevated non-performing assets, and a cautious lending climate,” said Anuj Puri, chairman, Anarock Group.
Pradeep Aggarwal, founder and chairman, Signature Global (India) Ltd, said, “The lower cost of borrowing will offer a much-needed cushion, enabling developers to fast-track project launches, expand portfolios, and cater to the anticipated rise in housing demand.
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