No rate change, no EMI shock: RBIs relocation to keep the housing demand on the right track

The decision of the Reserve Bank of India to keep the REP Rate rate unchanged at 5.5% in its policy assessment of October 2025 is welcomed by real estate leaders, who believe that the relocation will support the momentum during the holidays and at the same time guarantee stability for both home buyers and developers.

Industry experts noted that although unchanged rates do not immediately improve affordability, they offer much needed stability when borrowing costs and trust in EMIs for housing loan.

Anuj Puri, chairman of Anarock Group, said that the move will help support the buyer sentiment, even if it does not immediately improve affordability.

“The decision of the RBI to keep the repo rate unchanged at 5.5% maintains EMIs for housing loan at the current level, which helps to support buyer’s sentiment but does not improve the affordability of the house. The existing borrowers of the home credit see no immediate emi changes, while he explained the interest,” he stabeled, “

Puri supports his vision with market data and emphasized that the sale of residential in Q3 2025 in the top seven Indian cities fell 9% year on year to 97.080 units, but the total sales value rose by 14% to £ 1,52 Lakh Cre, indicating that the demand shifts to Premium and Mid-segment gays.

“The combination of stable interest rates and lower construction costs creates a favorable environment for the demand for accommodation, especially during the current party season,” he added. Manju Yagnik, vice -chairman of the Nahar Group and senior vice president of Naredco Maharashtra, said the RBIs Stance the right to keep the RBI. Earlier this year, a well -considered balance between growth and stability indicates. Predictable EMIs give buyers the confidence to act on long-awaited decisions, especially with the recent GST rationalization that improves affordability, “she said.

Yagnik also emphasized the benefits for developers.

“Developers benefit from clarity in the financing, making timely project planning and version possible. Despite global headwinds such as American rates for Indian export and rising visa costs, the demand for domestic housing remains resilient about affordable and premium segments,” she added a strong growth in 206.

In Delhi-NCR, the break of the RBI is seen as an important possibilities of sustainable momentum. Sudeep Bhatt, director of strategy at Whiteeland Corporation, noted that stability in rates increases confidence for both buyers and developers.

“The decision of the RBI to maintain the Repo rate at 5.5% is a strong positive for the Delhi NCR housing market. Stable interest rates give buyers trust and enable developers to plan and carry out projects without concern about rising loan costs, to support a robust pipeline for new launches,” he said.

Raghav Malhotra, founder and director of Prime Developments, agreed that the unchanged rates will retain the question of the festive season, especially among first buyers.

“The decision of the RBI will offer confidence in EMIs for housing loan, improving affordability for first buyers and feeding the demand from the party season. This is likely to stimulate project launches and completion, be in accordance with an increased DIWALI question. Stable inflation, GDP and Repo rate, he said.

Rohit Kishore, CEO of Hero Realty, said that the policy movement adds a broader industrial perspective and allows the CEO of Hero Realty.

“Keeping the repo rate unchanged at 5.5% is stable and reassuring for the real estate sector. Stable loan costs benefit both home buyers and developers. Buyers enjoy continuous EMIs and easier access to loans, while developers can manage costs and complete projects on time,” he said.

Kishore also noted that the luxury residential segment in subways is expected to remain strong.

“Stable rates and recent liquidity support of the help developers of the Central Bank help manage the project costs, to maintain new launches and retain the robust housing. The continuation of favorable credit conditions and the steady pace of previous tariff reductions,” he adds in particular.

Outlook with festive sentiment, stable loan costs, GST rationalization and the alleviation of input prices, the industry expects that the demand for housing, in particular in premium and mid-segment houses, will remain the rest of 2025, so that a strong foundation will be set for 2026.

((Indemnification: Recommendations, suggestions, views and opinions of experts are their own. These do not represent the views of economic times)