New Delhi, Feb. 7 -- The Reserve Bank of India's (RBI) decision to reduce the repo rate by 25 basis points to 6.25 per cent has received widespread appreciation from industry experts and market stakeholders, who see it as a well-timed move to boost economic growth, ease borrowing costs, and stimulate the real estate sector.

Anshul Jain, Chief Executive, India, SEA & APAC Tenant Representation at Cushman & Wakefield, described the move as "well-timed and much-needed," particularly as CPI inflation eases and Q2-FY25 GDP growth slows.

"RBI's decision to cut the repo rate by 25 basis points to 6.25 per cent is a well-timed and much-needed move. With CPI inflation easing and Q2-FY25 GDP growth slowing, this was an opportune moment for the RB...