RBI MPC Keeps Interest Rates Unchanged; Industry Stalwarts React

The RBI Monetary Policy Committee’s decision to retain interest rates has been positively received by the real estate sector. Dr. Niranjan Hiranandani of NAREDCO highlights increased investments in real estate due to stable rates. G Hari Babu notes the central bank's dedication to economic stability, benefiting homebuyers and developers. Prashant Sharma emphasizes the importance of the RBI's vigilance post-elections and before the Union Budget. Pritam Chivukula appreciates the RBI's cautious approach, and Anuj Puri believes unchanged repo rates will keep home loan interest rates low, enhancing affordability. The sector hopes for future rate reductions as economic conditions improve.