NAREDCO President Parveen Jain on RBI Policy
This story was originally published at 13:26 IST on 7 October 2026
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NEW DELHI - Parveen Jain, president, NAREDCO, said the following on the Reserve Bank of India's fourth bi-monthly monetary policy statement for 2026-27 (Apr-Mar), detailed Wednesday:
The festive season is a very important period for the real estate sector, and stability in interest rates during this period remains positive for homebuyers. However, it is also important to control inflationary pressures and maintain stability in the economy. In this context, the 25 basis points increase in the repo rate should be viewed in the context of the broader economic conditions. Housing demand remains strong at present. We expect the impact of this increase on the residential market to remain limited, supported by strong buyer sentiment, festive demand and the long-term need for homeownership. The real estate sector will continue to demonstrate strength and resilience in maintaining its current momentum.
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Compiled by Astha Oriel
Filed by Himanshi Gupta
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