Janifha Evangeline

According to developers, a stable interest rate environment allows buyers to plan their finances with greater confidence while enabling developers to maintain project timelines and investment plans without the uncertainty associated with frequent monetary policy shifts. Manik Malik, CEO & President, BPTP The Reserve Bank of India’s decision to maintain a stable repo rate reflects a focus on macroeconomic stability, which is important for the real estate sector.

Shekhar G Patel, President, CREDAI, said, "RBI’s decision to keep the repo rate unchanged at 5.25%, while maintaining a neutral policy stance and retaining the CRR at 3%, indicates a calibrated response amidst the current global economic environment. With geopolitical tensions, inflationary concerns, and currency volatility continuing to influence markets globally, policy continuity will bode well for the real estate sector and help sustain overall market stability.

The Comed-K engineering seats in Karnataka are vacant with over seventy-one per cent of twenty six thousand seats being vacant. At least thirty-three private colleges observed zero admissions & a large majority of seventy-five colleges filled lesser than twenty five percent of the seats. In 2023, zero admissions to Comed-K were reported by twenty-nine private engineering colleges.