“The RBI’s decision under Governor Sanjay Malhotra to maintain the status quo with the repo rate at 5.25% and retain a ‘neutral’ stance offers essential macroeconomic stability amid global headwinds, including elevated crude oil prices and supply chain disruptions. This monetary predictability provides corporate occupiers, Global Capability Centres (GCCs), and real estate developers with the financial clarity necessary to execute long-term capital deployment and footprint expansion plans. As borrowing costs remain stable, we expect steady momentum in commercial office absorption, particularly favoring capex-light, managed workspace models that optimize agility and capital efficiency. We view this policy continuity as a vital catalyst for sustained growth across India’s primary and emerging tech hubs.”
