New Delhi, Feb. 7 -- In a move that is expected to boost residential real estate, business investments, and overall economic growth, experts have welcomed RBI's repo rate cut, combined with budgetary measures for real estate and investments -- a game changer for economic growth.

According to Dr Samantak Das, Chief Economist and Head of Research and REIS, India, JLL, the RBI's decision aligns monetary policy with fiscal strategies to reignite consumption. He emphasised that easing the cost of capital would inject momentum into spending and investment.

He said, "The rate cut - the first in nearly 5 years - sends a clear signal that a cohesive policy framework is in play, prioritising growth while keeping an eye on risks. For the real esta...