RBI has sounded a positive note on India’s growth outlook. However, with the ongoing trade war, geo-political tensions, volatility in global financial market and tech sector layoffs in India may have some repercussion on India’s economic growth going forward including in sectors like exports, real estate etc. Housing sales have also come down from its highs. While the RBI has cut repo rate by 100bps in 2025 to 5.5%, it was, however, pertinent that the apex bank continued its easing stance in its announcement today to provide support to India’s growth amidst falling inflation and good monsoon.
According to PropEquity, housing sales in India’s top 9 cities fell by 17% YoY in H1 2025 to 2.08 lakh units and sales value fell by 10% to Rs 2.94 lakh crore. Launches have also declined by 18% YoY in H1 2025 to 1.99 lakh units.