New US tariffs have increased to 50 percent. This change impacts industries and the real estate market. Experts believe these tariffs could lead to better prices eventually.
Tariffs may change global supply chains. This could lower building material costs. Developers might see a cost benefit over time.
Atul Monga of BASIC Home Loan stated Trump’s tariffs seem bad for India’s housing. He noted the outlook, especially for affordable housing, is still good. Government help lowers loan payments for the poor.
Monga added that supply chain changes may cut building material costs. More jobs in manufacturing and cars help buyers get larger loans. Global trade might be bumpy. But India’s housing plans are safe. Strong local demand and policy support help.
The Reserve Bank of India may keep interest rates low. This supports economic growth if uncertainty lasts. Home loan payments might not increase. Buying a home could stay affordable.
The RBI recently kept the repo rate at 5.5 percent. The policy stance remains neutral. The MPC voted to hold rates steady. This follows earlier rate cuts.
A recent SBI report thinks the RBI will not lower rates soon. Inflation is still high. The report suggests rate cuts in October or December are unlikely. High prices and economic doubts hurt chances for cuts.