Repo Rate Pause Supports Housing Market Stability

08 Jun 2026 CW Team

The RBI Monetary Policy Committee’s decision to keep the repo rate unchanged is expected to support India’s residential real estate market amid geopolitical pressures, rising oil prices and higher construction costs, according to ANAROCK Group.

ANAROCK said the rate pause provides stability at a time when developers are facing supply-side inflation and some Middle Eastern investors have delayed housing purchases due to geopolitical uncertainty. Stable borrowing costs are expected to help buyers and developers manage affordability pressures.

According to ANAROCK Research, residential sales declined 7 per cent quarter-on-quarter to 101,675 units in Q1 2026, compared with 108,970 units in Q4 2025. Total sales value fell 5 per cent quarter-on-quarter to Rs 1.51 trillion.

However, demand remained stronger year-on-year. Residential sales volume rose 9 per cent and sales value increased 6 per cent over Q1 2025, when 93,280 units worth Rs 1.42 trillion were sold.

New launches outpaced sales during the quarter, with supply rising 2 per cent sequentially and 26 per cent year-on-year to over 126,265 units. Unsold inventory increased 4 per cent quarter-on-quarter and 7 per cent year-on-year, crossing 601,000 units by the end of Q1 2026.

ANAROCK said a stable and affordable financing environment will be important to absorb rising inventory. It added that the central bank’s efforts to stabilise the rupee could support imports of fixtures and fittings in the luxury housing segment, which accounted for 20 per cent of housing supply in Q1 2026.

Infrastructure Transport

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