New Delhi, Dec. 5 -- Real Estate players have anticipated strengthening of the positive market sentiment by the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) move to slash the repo rate by 25 basis points to 5.25%.

With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.

Shekhar Patel, President of Confederation of Real Estate Developers' Associations of India (CREDAI) said RBI's move will further strengthen positive market sentiment, lower borrowing costs, support credit growth, and stimulate demand across sectors--including real estate.

"As l...