RBI holds repo rate: Housing market eyes stronger festive housing demand

The Reserve Bank of India has maintained its benchmark repo rate at 5.25 percent, a move likely to foster buyer confidence and stimulate housing demand. Experts believe this steady rate will promote home purchases and encourage investments in real estate. The construction sector and related industries are expected to thrive with predictable borrowing costs, especially during the festive season.

By TOI REAL ESTATE DESK