CREDAI Hyderabad Expresses Gratitude to RBI Governor for Rate Cut Hyderabad: 07 th February, 2025: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for the recent decision to cut the repo rate by 25 basis points to 6.25%. This timely move is pivotal for the Indian economy, especially for homebuyers and the housing industry. The decision comes at a crucial juncture when the economy is seeking renewed momentum. By lowering interest rates, the RBI is not only aiding consumption but also providing much-needed relief to borrowers, particularly first-time homebuyers. This rate cut, coupled with the recent tax relief measures announced in the Union Budget, creates a favorable environment for increased housing demand and encourages developers to launch new projects. As the housing sector plays a vital role in driving economic growth, this initiative is expected to stimulate demand and enhanc...