Media Communication: RBI's Decision to Keep Repo Rate Unchanged: Impact on Thane Real Estate
August 2025
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For Immediate Publication
RBI's Decision to Keep Repo Rate Unchanged: Impact on Thane Real Estate
Thane/ Mumbai, 06 August 2025; The Reserve Bank of India's (RBI) decision to maintain the repo rate at 5.5% will have implications for the Indian economy, particularly in the context of ongoing tariff uncertainties. Sachin Mirani, President, CREDAI MCHI Thane said, “While a rate cut would have provided a much-needed boost to the affordable and mid-range housing, the current market dynamics suggest that homebuyers in Thane are driven more by long-term confidence than short-term rate fluctuations.”
Impact on Thane Housing
The absence of a rate cut by RBI might result in some challenges for Thane’s residential real estate, which is among the fast-growth property hubs in the Indian real estate market. “However, the demand for homes is expected to remain steady, driven by factors beyond interest rates,” added Sachin Mirani.
Festive Season Opportunities
“With the festive season around the corner, Thane’s real estate developers are focussed on sustaining market momentum by being customer centric,” said Faiyaz Virani, Hon. Secretary, CREDAI MCHI Thane.
Stakeholders in Thane real estate mentioned offering of attractive deals and flexible payment plans by a segment of Thane real estate developers. “Being responsive to market conditions has been the hallmark of Thane property market,” added Faiyaz Virani.
”RBI maintaining ’status quo’ on rates notwithstanding, it is this strategic approach and sensitivity to market trends which will ensure affordability for genuine buyers and keep the Thane real estate market buoyant,” concluded SachinMirani.
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