“The fact that the RBI announced a pause in interest rates today after adopting a similar posture in its previous policy and maintaining the repo rate at 6.5% shows that the RBI continues to accelerate the transition towards growth. The Indian economy is exhibiting signs of improvement as a result of the easing of inflation in a number of sectors brought on by the decline in commodity prices. A typical monsoon season is anticipated to help reduce inflation, boost demand, and subsequently drop interest rates. The MMR region is expected to have high consumer demand for real estate. Additionally the completion of infrastructural projects will in fact result in even higher demand for luxury residences since it will increase high-ticket buyers’ and investors’ confidence and incentive to buy.”