Market Update: We break down the business implications, market impact, and expert insights related to Market Update: RBI MPC Meeting Live Updates: No rate change, repo stays 5.25%; GDP growth pegged at 7.4% – Full Analysis.
RBI MPC Meeting Live Updates: Rate hold splits real estate voices
Two real estate voices read the RBI’s status quo decision differently—one sees a funding opportunity, the other sees a missed chance.
Ankur Jalan, CEO of Golden Growth Fund (GGF), a Category II real estate-focused AIF, said that with real estate demand moderating and bank financing still selective, AIFs are increasingly filling the capital gap. He argued that real estate AIFs can provide structured, long-term funding through flexible capital structures and asset-backed investments, while offering investors diversification, steady income potential, and capital appreciation as demand revives. Jalan added that a supportive monetary approach, especially one focused on adequate liquidity and smoother rate transmission, would further improve the case for real estate AIFs.
In contrast, Lalit Parihar, Managing Director of Dholera-based Aaiji Group, said the broader macro backdrop, trade agreements, easing inflation and a favourable growth outlook made the case for another rate cut. He said cheaper credit would have helped businesses expand capacity faster and given developers more relief to respond to anticipated demand across segments. Parihar added that further easing could have improved affordability for homebuyers, helping sustain housing momentum even as property prices rise.