The impact on Delhi-NCR’s real estate market has been profound. Sales and property values have skyrocketed in the area: in 2024, housing sales value jumped 63% year-on-year to 1.53 lakh crore, with Gurugram alone contributing over 2-3rd of this figure. Average property prices have soared by 31% in late 2024, the steepest increase among all Indian major cities. The growth is largely attributed to the strong demand for luxury and premium homes, as affluent buyers capitalize on favourable borrowing conditions and rising disposable incomes.
The unchanged repo rate has also encouraged developers to launch new projects, confident that end-user demand will remain strong. In Q1 2025, nearly 6300 high-end apartments were launched in Delhi-NCR, while approximately 5400 units were sold, reflecting both supply-side optimism and healthy absorption rates. Infrastructural upgrades and increasing preference for premium living are also contributing to regional’s real estate boom, which are driving steady price appreciation and making Delhi-NCR a magnet for both investors and end users.
Looking ahead, the MPC’S rate policy is expected to sustain the positive outlook for Delhi-NCR realty. With borrowing costs stable and buyer confidence high, the region is well-positioned to maintain its leadership in India’s booming property market, offering attractive opportunities for both homeowners and investors.
Mr. Mohit Agarwal, Business Head, Conscient Infrastructure Pvt. Ltd. said “The RBI’s decision to cut the repo rate by 50 bps to 5.5% is a welcome move for the premium real estate segment. After 11 consecutive rate holds, this reduction is expected to provide a much-needed boost to housing demand by making home loans more affordable. Lower borrowing costs will enhance affordability for luxury homebuyers and investors, boosting demand in high-end residential markets. This rate cut, coupled with the MPC’s neutral stance, signals stability, encouraging HNIs and NRIs to make strategic investments. We as a Developer may also benefit from reduced financing costs, enabling faster project execution. We anticipate renewed momentum in the luxury housing sector, especially in metro cities, as lower EMIs and attractive financing options drive buyer confidence.”
Gaurav K Singh, Founder & Chairman, Womeki Group said, “The RBI’s decision to reduce the repo rate by 50 basis points to 5.50% is a timely and progressive step that will bring renewed energy to the real estate sector. With home loan rates set to come down, the affordability factor improves significantly, especially for the aspiring middle class and upwardly mobile buyers looking for long-term value. In this context, plotted developments stand out as a highly attractive option — offering the dual advantage of land ownership and the flexibility to design one’s own home. This aligns perfectly with the rising demand for luxury yet affordable living, where buyers seek quality infrastructure, gated environments, and modern amenities, but at prices that remain within reach. We are already seeing strong interest in our plotted development offerings, and we expect this rate cut to further accelerate demand — particularly in well-connected, fast-developing micro-markets and smaller cities. The move also signals a pro-growth policy stance, which is essential for sustaining real estate momentum and encouraging developers to invest confidently in future-ready, community-driven projects.”
Abhishek Singh, Director- V3 Infrasol, “The RBI’s decision to cut the repo rate by 50 basis points to 5.50% is a much-needed catalyst for real estate, especially at a time when buyer aspirations are shifting toward personalized, spacious, and future-proof living. Plotted developments are becoming the preferred choice for discerning homebuyers who want the luxury of space, privacy, and freedom to build — all within an affordable framework. This repo rate cut directly enhances affordability by reducing EMIs and increasing loan eligibility, thereby bringing many fence-sitters into the market. We have witnessed a clear rise in interest for plotted projects that offer premium infrastructure, secure gated communities, and long-term value. With this policy push, we expect the trend to strengthen further, particularly in emerging urban zones, where plotted developments offer an ideal blend of investment potential and lifestyle flexibility. This move by the RBI reinforces our confidence in the market’s growth trajectory and the evolving preferences of the modern Indian homebuyer.”