Confederation of Real Estate Developers’ Associations of India (CREDAI) and National Real Estate Development Council (NAREDCO) have welcomed the Reserve Bank of India’s decision to keep the policy repo rate unchanged at 5.25%, calling it a stabilising move for the housing and construction ecosystem at a time of heightened global uncertainty. Developers said the pause provides much-needed predictability in borrowing costs for both builders and homebuyers, supporting demand visibility and investment planning. CREDAI President Shekhar Patel noted that the central bank’s stance offers policy continuity amid volatility in global currencies and pressure on sovereign bond yields, factors that often influence domestic funding conditions. According to him, steady rates are particularly constructive for real estate, a sector where long project cycles and capital intensity make financing predictability essential for sustaining sales momentum and new project launches. Industry bodies also highlighted the importance of liquidity conditions alongside the rate decision. Patel said the gradual normalisation of liquidity, coupled with unchanged policy rates, should enable the property market to grow in a more balanced manner by supporting both supply and end-user demand. He added that if future policy actions are calibrated in line with macroeconomic trends—such as inflation trajectory, growth outlook, and global monetary cues—they could further widen access to housing finance. A measured easing cycle over time, he suggested, would help improve affordability, expand homeownership, and promote inclusive growth across urban and semi-urban markets. Echoing similar views, NAREDCO President Parveen Jain said the RBI’s decision sends a positive signal at a time when domestic economic momentum remains resilient, with housing sales holding up relatively well in key cities despite global headwinds. From a real estate perspective, the rate pause is expected to keep home loan EMIs stable in the near term, preserve buyer confidence, and allow developers to manage project financing without sudden cost shocks. Together, these factors are seen as supportive for residential absorption, especially as developers focus on execution and timely delivery in an environment where end-users remain sensitive to interest rate movements.