The Reserve Bank of India (RBI) has officially reduced the repo rate by 25 basis points, bringing it down from 6.25% to 6.00% in its April 2025 monetary policy meeting. This move comes as part of the RBI's continued efforts to stimulate growth and ease borrowing for consumers.
Repo rate is the interest rate at which the RBI lends short-term funds to commercial banks. A cut in the repo rate reduces the cost of funds for banks, who then lower interest rates on loans, including home loans.
This latest cut will directly benefit homebuyers by lowering EMIs on their housing loans. Let's look at a practical example:
| Loan Amount | Old Rate (8.5%) EMI | New Rate (8.25%) EMI | Monthly Savings |
|---|---|---|---|
| ₹50,00,000 | ₹43,391 | ₹42,825 | ₹566 |
| ₹30,00,000 | ₹26,035 | ₹25,695 | ₹340 |
The reduced cost of borrowing makes this a perfect time to invest in real estate. For those looking to buy 2 BHK flats in Kalyan, especially in developing areas like Kalyan East, the timing couldn't be better.
At Sonawane Group, our flagship projects like Krishna Trident , Krishna Anand and Gold Class offer a perfect blend of affordability, location, and lifestyle.
The RBI's rate cut is a clear indicator that now is a great time to buy property. With home loan EMIs becoming lighter on your pocket, this move adds further motivation to make your dream home a reality.
Need help selecting a property? Contact our sales team for expert guidance.