India, Dec. 5 -- The Reserve Bank of India (RBI) on December 4 cut the repo rate by 25 bps to 5.25%. Following earlier rate reductions this year, the move further strengthens the value proposition for homebuyers, especially in the affordable and mid-income segments that are highly sensitive to interest rate changes. First-time and mid-income buyers stand to benefit the most, with potential reductions in monthly EMIs. However, prospective buyers should ensure their finances are in order and assess income stability before committing to a purchase.

If you are planning to buy a home, is this a good time? A 25-basis-point cut by the RBI does make buying a house more attractive for people already planning for it.

"Over the next few weeks, ban...