Media Communication: RBI move augurs well for Thane’s real estate

June 2025

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‘RBI’s move augurs well for Thane real estate’

THANE/ MUMBAI 06 JUNE 2025: For Thane’s real estate, the RBI’s 50 bps repo rate cut from 6.0 to 5.5 per cent, which effectively translates into potentially home loan rates reducing, adds to the positive of Thane’s vibrant real estate market, said Sachin Mirani, President, CREDAI MCHI Thane.

For Thane homebuyers, it is a continuation of previous reductions in home loan interest rates which results in making home ownership more affordable and accessible, he added.

This positive trend will encourage Thane’s first time home buyers and those planning on upgrading to bigger sized homes in Thane, said Faiyaz Virani, Hon. Secretary, CREDAI MCHI Thane.

For Thane’s real estate, this will lead to better buyer sentiment, in turn boosting demand, he added.

In the past few months, RBI has been reducing Repo rates. This will enhance market sentiment, and result in a more vibrant property market in Thane, concluded Sachin Mirani.

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