Ketan Musale Director, Dotom Realty shares views post RBI monetary policy

The rate cut would have been the need of the hour to provide the much-needed fillip to the real estate sector and to facilitate growth.  However, the real estate industry, in particular, has been benefiting through policy interventions to stabilize the market. The country has a large number of potential home buyers and a rate cut would have incentivized to improve their sentiments. Furthermore, we look forward to the government's decisions to lower rates in the future that will contribute to strengthening the GDP growth and create a robust economic framework.