Kolkata, Feb 7 (Reporter) Knight Frank of India has welcomed RBI's new Governor Sanjay Malhotra and congratulated him on his first Monetary Policy announcement on Friday. “We welcome new Governor Sanjay Malhotra and congratulate him on his first Monetary Policy Announcement. We are glad to hear the Monetary Policy Committee’s decision to The RBI's decision to cut the repo rate by 25 basis points to 6.25 percent aims to stimulate economic growth amid expectations of easing inflation. The recent budget has also played a crucial role in managing inflation by focusing on fiscal discipline and targeted spending. This as well enabled the RBI to manoeuvre a rate cut," said KFI in a statement. For the real estate market, lower borrowing costs are expected to boost demand for home loans, making housing more affordable and stimulating sector growth. " This is a positive development for both homebuyers and developers, potentially leading to increased sales and new project launches. We hope interest rate cuts will be passed on to consumer and the home loan rates become more attractive which combined with the earlier announced tax incentives spur residential demand across the different price brackets, but especially in the below INR 50 Lakh category, which has seen continued weakening of demand...////...