The Reserve Bank of India (RBI) on Wednesday decided to keep the policy repo rate unchanged at 5.25% for the third consecutive monetary policy review, while maintaining its neutral stance. The decision comes amid global uncertainties, including energy market volatility and supply chain disruptions arising from the ongoing West Asia conflict. Industry leaders from the real estate sector welcomed the move, stating that a stable interest rate environment will support buyer confidence, strengthen investment sentiment, and provide greater certainty for long-term project planning.
Ashish Bhutani, CEO, Bhutani Infra, “Maintaining the repo rate is a prudential decision by the RBI that has come about after weighing various factors regarding the need to balance between fostering economic growth and preserving macroeconomic stability. A steady interest rate regime gives much-needed predictability to the market participants, which enables them to take important decisions in a more structured manner. The real estate segment is also benefited by policy consistency, and this helps in improving buyer sentiment, proper planning of projects, and ensuring financial discipline within the industry. The fast-paced growth in the infrastructure segment and the strength in demand levels mean that a steady monetary policy would help in keeping the investment momentum going.”
Ravikant, Co- Founder Elegance Infra and Enterprises said, “Maintaining the repo rate by RBI is a favourable sign for the luxury real estate market. Interest rate stability increases confidence levels amongst the high-net-worth individuals and non-resident Indians, which helps in making informed decisions for investing in expensive and valuable properties. Although this segment of real estate market is less susceptible to interest rates, yet stability in policy makes them more favorable for investment in luxury property segments.”
Raghunath Reddy Bhattagiri, MD and Founder, Triguna Projects said, “The RBI’s policy on retaining the repo rate is a sign of a prudent stance considering the changing global situation. This stability in the interest rate is good news for the real estate sector since it helps to keep the mood of the buyers alive and EMI rates for home loans constant for the users. In a scenario where the risks of inflation are still there and global headwinds are still strong, the stable rate system gives both the developers and buyers a chance to make plans.”
Shekhar Patel, President, CREDAI, said “The RBI’s decision to maintain the repo rate at 5.25% provides much-needed stability and reassurance for the real estate sector. Given the prevailing global uncertainties, maintaining the status quo sends a positive signal of confidence and policy continuity. Real estate is a long-gestation sector, and homebuyers make long-term financial commitments. A stable interest-rate environment enables both developers and buyers to plan with greater certainty. The RBI’s upward revision of India’s GDP growth projection to 6.7% underscores the resilience of the Indian economy despite external headwinds. Sustained economic growth, employment generation and continued infrastructure development remain the strongest drivers of housing demand. Despite supply-side disruptions in recent months due to the situation in West Asia, the housing market has continued to demonstrate remarkable resilience, reflecting strong underlying demand. Stable borrowing costs further support this momentum by providing financing certainty and facilitating timely project execution. Going forward, continued investment in infrastructure, coupled with stronger policy support for affordable housing, will further strengthen the sector’s long-term growth trajectory. Policy stability instils confidence across the housing ecosystem and is particularly significant for an industry where investment and homeownership decisions are made with a long-term perspective.”
Manoj Gaur, CMD, Gaurs Group, said, “We welcome the RBI’s decision to maintain the repo rate. In the current global environment, policy continuity carries its own significance. Real estate is a long-gestation sector where stability in financing conditions helps both developers and homebuyers plan with greater confidence rather than react to short-term developments. What is equally encouraging is the confidence the RBI has expressed in the resilience of the Indian economy. Infrastructure-led growth continues to reshape housing demand across NCR, and end-user interest has remained steady despite external uncertainties. A stable interest-rate environment allows this momentum to continue while providing the confidence needed for timely project execution and long-term investment.”
Sahil Agarwal, CEO, Nimbus Group, said, “The RBI’s decision to keep the repo rate unchanged reflects a calibrated approach in an environment where global risks, particularly elevated energy prices and geopolitical uncertainty, continue to pose inflationary challenges. For the real estate sector, policy predictability is often as valuable as monetary easing. Stable borrowing costs provide developers with greater visibility on project financing and execution, while enabling homebuyers to make long-term purchase decisions with increased confidence. Coupled with India’s resilient growth outlook and sustained infrastructure investment, the decision should help preserve the positive momentum in residential demand without compromising macroeconomic stability. The emphasis on continuity also gives businesses confidence to plan investments while leaving the central bank with adequate room to respond should external conditions evolve.”
Uddhav Poddar, CMD, Bhumika Group, said, “The RBI’s decision to maintain the repo rate at 5.25% reflects a measured response to evolving global and domestic conditions, which is highly reassuring for the real estate sector. More significant is the upward revision in FY27 GDP growth to 6.7%, signalling confidence in the resilience of the Indian economy despite continuing geopolitical uncertainties. For the real estate sector, such policy continuity provides stability in financial planning while supporting sustained housing demand and project execution.
Amit Modi, Director, County Group, said, “Keeping the repo rate stable at 5.25% shows the RBI’s focus on maintaining macroeconomic balance while closely monitoring global developments. Meanwhile, such policy consistency provides more certainty for planning in the real estate sector. Buyers have become much more deliberate in their buying decisions, placing equal importance on lifestyle upgrades, enduring value and financial security. In this context, stable borrowing conditions become an important confidence driver. Combined with infrastructure-led growth and the rising preference for organised developments, these factors are expected to sustain healthy residential demand in the coming quarters.”
Prateek Tiwari, Managing Director, Prateek Group, said, “Maintaining the policy rate at 5.25% signals the RBI’s intent to strike a balance between inflation management and growth preservation. While rising input costs remain a concern, especially in construction, a stable rate environment helps prevent any immediate shock to home loan affordability. This is particularly important for end-users, whose purchase decisions are highly sensitive to borrowing costs. The neutral stance further reinforces predictability, allowing developers to plan launches and pricing strategies with greater clarity, thereby supporting sustained demand across key residential micro-markets.”
“The RBI’s decision to maintain the repo rate at 5.25% amidst inflationary risks stemming from global crude price movements shows a continued commitment to a patient and data-driven policy approach. This stance helps to keep borrowing costs steady and keep liquidity conditions accommodative for homebuyers and developers. A rate cut might have given housing demand a further boost, but staying the course looks like a reasonable approach amid the evolving macro picture. “Sustained end-user demand and infrastructure-led development will continue to be the key drivers of growth for the real estate sector going forward,” said Sanjay Sharma, Director, SKA Group
Yash Miglani, Managing Director, Migsun Group, said, “The RBI decision to keep the repo rate unchanged at 5.25% sends a reassuring signal to the housing sector at a time when end-user demand continues to remain healthy. Stable lending conditions encourage homebuyers to move ahead with greater financial clarity, while developers gain better visibility for project planning and future launches. Supported by strong infrastructure development across NCR, the market is well placed to sustain steady residential growth over the coming quarters.”
Neeraj Gulati, Managing Director, Assotech, said, “The decision of the RBI to keep the repo rate unchanged at 5.25% creates a conducive policy environment for the housing market. Tier 2 markets, in particular, are likely to benefit from greater certainty around borrowing costs. Demand in such cities is end-user driven, and certainty with regard to borrowings forms an important factor in determining the long-term ownership decision. The current policy also allows the developers to launch their projects in a more disciplined manner, with the supply kept in align with market needs. As infrastructure and economic opportunities continue to improve across emerging cities, Tier 2 residential markets are well placed to witness steady and sustainable growth.”
Sehaj Chawla, Managing Director, TREVOC Group, said, “An encouraging step for the real estate sector. The announcement reinforces an important message: the RBI remains confident about the resilience of the Indian economy and has decided to maintain the status quo on the repo rate. This approach is well suited to a sector like real estate, where buying decisions are rarely driven by short-term interest-rate movements alone. Strong domestic demand, improving economic prospects and a stable financing environment should continue to support healthy momentum across the residential market.”
Saurab Saharan, Group Managing Director, HCBS Developments Ltd., said, “With repo rate being retained at 5.25% and neutral stance being maintained, RBI has reaffirmed confidence in the underlying strength of the domestic economy. A stable interest rate environment enhances homebuyer confidence by ensuring that borrowing costs remain predictable while enabling developers to plan long-term investments with greater certainty. It also allows for long-term planning, enabling the sector to maintain a stable growth path in a context of global uncertainties.
Gurinder Bhatti, Chairman and Managing Director, GB Realty, said, “By maintaining the repo rate at 5.25%, the RBI has ensured stability at a time when the housing sector continues to benefit from healthy end-user demand and improving buyer sentiment. Punjab is no longer solely an NRI-driven market as we are witnessing a growing base of local homebuyers looking to upgrade to organised, high-quality developments. Stable interest rates provide predictability in borrowing costs, strengthen buyer confidence, and encourage long-term investment in housing. Coupled with accelerating infrastructure development and rapid urbanisation, Punjab is well positioned to emerge as one of North India’s most promising real estate destinations. We believe this policy continuity will further support sustainable growth across the residential sector.”
Priyamvada Navet, Deputy CEO, Experion Developers, said, “The RBI’s decision reflects a balanced reading of the economy. While the repo rate remains unchanged at 5.25%, the upward revision of FY27 GDP growth to 6.7% reinforces confidence in India’s underlying economic resilience despite an uncertain global environment. With inflation expected to remain largely supply-led and core inflation benign, the central bank has rightly prioritised stability over premature policy action. For the real estate sector, this is a positive signal. Stable borrowing costs, stronger growth expectations and resilient consumer confidence provide a supportive backdrop for homebuyers and long-term investment. More importantly, policy predictability gives developers the confidence to plan, invest and execute projects with greater certainty.”
Mayank Jain, CEO, KREEVA, said, “Consistency in interest rates has quietly become one of the biggest contributors to the housing market’s resilience. By keeping the repo rate unchanged, the RBI has ensured that buyers and developers can continue making long-term decisions without having to revisit their financial assumptions. The strength of the residential market over recent quarters suggests that demand is increasingly being driven by product quality, location and long-term value. Stable borrowing conditions simply allow those underlying drivers to remain in focus.”
Ashwani Kumar, Pyramid Infratech, said, “The RBI’s decision to hold the repo rate at 5.25% despite emerging inflationary pressures reflects a calibrated and forward-looking approach. In the current environment, where global crude prices remain volatile, a neutral stance allows policymakers to closely track inflation transmission without disrupting domestic demand cycles. This stability in interest rates is crucial for the housing sector, boosting homebuyers’ confidence and ensuring a steady sales momentum. At the same time, it enables developers to continue with prudent financial planning, helping keep project execution timelines in sync with changing market conditions.”
Preksha Singh, CEO, Agrasheel Infra, said, “The RBI’s decision to keep the repo rate unchanged provides a stable environment for both homebuyers and developers. Housing purchases are long-term financial commitments, and consistency in borrowing costs helps buyers plan with greater confidence while allowing developers to move ahead with project execution and future launches. With the RBI also expressing confidence in the economy despite global uncertainties, the residential market remains well placed to sustain its growth momentum.”
The RBI’s decision to maintain the repo rate at 5.25% shows a calibrated policy approach that provides businesses with greater visibility for long-term planning. A predictable financing environment encourages fresh investments, supports enterprise expansion and strengthens capital allocation across growth-oriented sectors. As technology continues to play a larger role in India’s economic transformation, such policy consistency will help sustain business momentum and investment activity, says Azad Ahmad Lone, President, Biigtech
Kushagr Ansal, Director, Ansal Housing, said, Long-term homeownership decisions are closely linked with financial certainty, making the RBI’s decision to retain the repo rate at 5.25% a welcome development for the residential market. The current interest rate environment allows housing demand to progress steadily while giving the sector greater visibility for future growth. Continued urban expansion and infrastructure investments further strengthen the outlook for organised residential development.
Harvinder Singh Sikka, Chairman, Sikka Group, said India’s resilient economic outlook continues to provide a strong foundation for real estate, and the RBI’s decision to maintain the repo rate at 5.25% adds further certainty to that trajectory. A measured monetary policy encourages long-term capital deployment across residential and commercial assets alike. This approach is expected to deepen investor participation and sustain the sector’s growth over the coming quarters.
Mrinal Mittal, Managing Director, Homeland Group, said, “The RBI’s decision to maintain the repo rate at 5.25% is a welcome move as it provides policy stability and reinforces confidence across the real estate sector. A stable interest rate environment is crucial for homebuyers, as it preserves affordability and encourages long-term purchasing decisions. We are already witnessing strong end-user demand, particularly in Punjab and the Tricity region, where improved infrastructure, rising incomes and evolving lifestyle aspirations are driving the next phase of residential growth. Policy continuity also enables developers to plan investments and execute projects with greater certainty. We believe the sector is well-positioned to sustain its growth momentum, supported by stable financing conditions and increasing demand for quality, future-ready developments.”
Mitul Jain, MD, SPJ Group, said, ” _The RBI’s decision to keep the repo rate unchanged at 5.25% while retaining a neutral stance is a balanced approach amidst the evolving dynamics of inflationary pressures and global uncertainties which continue to shape the economic outlook. For homebuyers, it brings the stability and positivity as home loan interest rates and EMIs are expected to remain largely unchanged. While, we believe a rate cut could have further improved affordability and encourage millions of first-time homebuyers, the policy continuity provides confidence to both buyers and developers, enabling informed long-term decisions. With the festive season approaching with the onset of next quarter, a stable interest rate environment is expected to sustain positive momentum in the residential real estate market.”_
Tejpreet Singh Gill, Managing Director, Gillco Group , said, “The RBI’s decision to maintain the repo rate at 5.25% provides much-needed stability for the housing market. With home loan rates expected to remain stable, buyers can plan their purchases with greater confidence, while developers can continue investing in project execution and future developments. The residential market has remained resilient, with housing demand continuing to be driven largely by end-users despite global economic uncertainties. In Punjab, improving infrastructure, expanding urban centres and a growing preference for organised townships and integrated communities are further strengthening buyer confidence. We believe this policy continuity will help sustain the sector’s growth momentum in the months ahead.”
Mr Amit Goyal, Managing Director, India Sotheby’s International Realty, said, This is the fourth consecutive RBI policy with the repo rate unchanged at 5.25%, and we welcome the decision. Despite higher crude prices and June retail inflation rising to an 18-month high, the RBI has prioritised stability. It reflects confidence in the resilience of the Indian economy, while remaining watchful of global risks.
For real estate, the timing is significant. This is the last policy review before the festive season, giving homebuyers and developers greater certainty to plan purchases and launches. Stable EMIs are particularly important as some overheated markets begin to see demand moderate. We expect this unchanged interest rates, together with easing crude prices, to support buyer sentiment and help sustain housing demand through the festive season.
Mr Vimal Nadar, National Director & Head of Research, Colliers India, said, “RBI has kept the repo rate unchanged at 5.25% along with continuation of neutral stance, reflecting a vigilant approach amid the resurgence of West Asia crisis, volatile crude prices, fluctuating rupee and persistent inflationary risks. Although trade uncertainty, tariff rate recalibrations & renewed supply chain disruptions could weigh on growth prospects and affect multiple economic sectors, Indian real estate holds potential to navigate the downside risks successfully.
Additionally, stability in interest rates continue to provide comfort to homebuyers, especially in the affordable and middle-income segments. With the upcoming festive season, stability in EMIs could boost housing demand in the next few quarters. However, affordability pressures stemming from rising construction and labour costs may moderate sales as compared to the previous year. Developers, meanwhile, are likely to remain focused on cost management and timely project deliveries. Moreover, the recent RERA advisory to grant a four-month extension to eligible projects impacted by the West Asia conflict, provides a much-needed regulatory relief to affected developers.”
Mr Shrinivas Rao, FRICS, CEO, Vestian, said, “The RBI’s decision to keep the repo rate unchanged at 5.25% depicts its balanced approach amid prevailing geopolitical uncertainty, an uneven monsoon, and rising domestic inflation. The stable monetary policy is expected to support capital inflows into the real estate sector at a time when developers continue to grapple with elevated construction costs and softer foreign investment sentiment due to the West Asia conflict. The current mortgage rates may offer a limited window for prospective homebuyers before any potential policy tightening. If crude oil prices and inflationary pressures intensify in the coming months, the RBI may consider a 25-basis point rate hike in its next MPC meeting.”
Mr Akhil Saraf, Founder & CEO, Reloy (A proptech Firm) “The RBI’s decision to keep the repo rate unchanged at 5.25% brings much-needed stability to the real estate sector. In today’s market, predictability is just as valuable as lower interest rates. For homebuyers, it means greater confidence in planning their finances and making purchase decisions, while for developers, it provides the certainty needed to plan investments and execute projects efficiently. Although a rate cut would have provided an additional boost to housing demand, maintaining the current rate strikes the right balance between supporting economic growth and keeping inflation in check. Overall, this policy continuity is expected to sustain positive sentiment across the residential real estate market.”
Anupam Rastogi, Co-Founder & CBO, Square Yards “The residential real estate industry benefits from the RBI’s decision to keep the repo rate at 5.25% since it promotes a steady and predictable borrowing environment. For creditworthy homeowners, financing conditions remain appealing because some lenders offer home loans at rates as low as about 7.25%. Stable borrowing prices, developer incentives, flexible payment plans, and competitive pricing could boost buyer sentiment and promote purchasing decisions as the holiday season draws near. Because ready-to-move-in and near-completion properties offer more assurance regarding delivery and the possibility of long-term value appreciation, the atmosphere is especially favorable for individuals contemplating such properties”Â
Amit Prakash Singh, Co-Founder and CBO, Urban Money, “The RBI’s decision to maintain the repo rate at 5.25% reinforces a stable and predictable borrowing environment, which is positive for the residential real estate sector. With select lenders offering home loans at rates starting at approximately 7.25%, financing conditions remain attractive for creditworthy homebuyers. As the festive season approaches, stable borrowing costs, combined with developer incentives, flexible payment plans and competitive pricing, could strengthen buyer sentiment and encourage purchase decisions. The environment is particularly favourable for those considering ready-to-move-in and near-completion properties, which offer greater certainty around delivery and the potential for long-term value appreciation.”
Mr. Jash Panchamia, Executive Director, Jaypee Infratech Limited, The RBI’s decision to keep the repo rate unchanged at 5.25% reinforces stability and predictability in the housing market. Attractive home loan rates already being offered by commercial banks have significantly improved affordability, encouraging first-time homebuyers to take purchase decisions with greater confidence. This stable interest rate environment, coupled with healthy financing options, is expected to sustain demand, particularly in the mid-income housing segment, where genuine end-user demand remains strong. We believe policy continuity will further strengthen buyer sentiment, support housing sales, and provide a positive outlook for the residential real estate sector in the coming months.
Mr. Vikas Bhasin, Managing Director, Saya Group, The Reserve Bank of India (RBI) has once again kept the benchmark repo rate unchanged at 5.25%, with the last revision having taken place in December 2025. A stable interest rate environment is positive for the real estate sector as it provides confidence and certainty to prospective homebuyers planning to finance their purchase through a home loan. Stability in borrowing costs enables buyers to plan their finances better and make long-term investment decisions without concerns over rising EMIs.
Besides stability, home loans are currently available at attractive interest rates of around 7.25%, making homeownership more affordable than it has been in recent years. With the festive season approaching, several developers, including Saya Group, are offering attractive schemes, exclusive discounts, and flexible payment plans on ready-to-move-in or nearing possession properties with strong long-term value. Combined with stable borrowing costs and festive incentives, this presents an opportune time for homebuyers to make their purchase decision, particularly for those looking at ready-to-move-in or under-construction properties with strong long-term value.
Mr. Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd., The RBI’s decision to maintain the repo rate at 5.25% reflects a prudent and balanced approach at a time when the global economy continues to face geopolitical uncertainties and external headwinds. With inflation remaining within the central bank’s comfort range, policy stability provides much-needed confidence to both businesses and homebuyers. The residential real estate sector has witnessed healthy demand in recent quarters, supported by stable borrowing costs and improving consumer sentiment.
Continuing with the current rate environment will help sustain housing demand, encourage homeownership, and enable developers to maintain project execution and new launches without disruption. Going forward, a stable monetary policy, coupled with strong economic fundamentals, is expected to support the sector’s long-term growth trajectory.
Mr. Raoul Kapoor, Co-CEO, Andromeda Sales and Distribution, RBI’s decision to keep the benchmark repo rate unchanged at 5.25% was largely on expected lines. Given the prevailing inflation trajectory, the broader economic outlook, and continuing geopolitical uncertainties, the market was not anticipating any change in the policy rate.
The repo rate, which was last reduced to 5.25% in December 2025, has helped bring lending rates to very attractive levels for retail borrowers. As a result, home loan interest rates, which had crossed 9% a couple of years ago, have now softened to around 7%, significantly improving housing affordability.
A 2 percentage point reduction in home loan interest rates translates into substantial savings over the loan tenure. For a 20-year home loan, the EMI reduces by approximately ₹125 per month for every ₹1 lakh borrowed. This means the monthly EMI comes down by around ₹6,250 on a ₹50 lakh loan and about ₹12,500 on a ₹1 crore loan. Besides lower EMIs, borrowers also save several lakh rupees in total interest over the life of the loan.
This is an opportune time for homebuyers to make their purchase decision. We expect interest rates to remain stable in the near term, and if inflation continues to remain under control, there may even be scope for further policy easing in the coming MPC meetings.
Mr. Umesh Gowda H A, chairman and founder of Sanjeevini Group, The RBI’s decision to keep repo rate unchanged is on expected lines considering the fact that the Indian economy is grappling with heightened geopolitical tensions, supply chain disruptions and renewed inflationary pressures, particularly due to rising energy prices. Prioritizing macroeconomic stability over monetary easing is a prudent move. A stable interest rates will help provide certainty to both developers and homebuyers, allowing investment and purchase decisions to continue without disruption. India’s housing market has demonstrated resilience over the past few years, and policy stability will help sustain this momentum despite global uncertainties.
Mr. Mukesh Choudhary, Managing Director, Accuspace, a real estate company, Keeping the repo rate unchanged with a view of balancing economic growth with inflation management is a judicious approach that the RBI has taken amid an increasingly volatile global environment. Adopting a wait-and-watch approach is the right move considering the fact that inflation is inching up and may surpass RBI’s comfort level. Policy consistency will reassure both domestic and foreign investors as predictable interest rates are often more valuable than abrupt policy shifts. A stable monetary environment supports long-term capital deployment, strengthens financing conditions and reinforces India’s position as an attractive real estate investment destination.
Mr. Ankur Jalan, CEO, Golden Growth Fund (GGF),  a category II Real Estate focussed Alternative Investment Fund (AIF), The RBI’s decision to keep the repo rate unchanged reflects a measured and prudent approach amid escalating geopolitical tensions, volatile crude oil prices and persistent inflationary risks. Macroeconomic stability and policy predictability are more critical than short-term rate movements. A stable interest rate environment sustains investor confidence and enables developers to execute projects without facing abrupt changes in financing costs. India’s real estate sector continues to benefit from strong structural demand, rapid urbanisation and increasing institutional participation. With inflationary pressures being closely monitored and financial conditions remaining stable, the sector remains well-positioned to attract long-term domestic and global capital. We believe the RBI’s calibrated policy stance will reinforce investor confidence and further strengthen the investment climate in India’s ever-evolving real estate sector.
Mr. Lalit Parihar, managing director, Aaiji Group, a Dholera-based real estate firm, Escalating geopolitical conflicts have increased the risk of imported inflation through higher crude oil and commodity prices. Against this backdrop, the RBI’s decision to maintain the repo rate unchanged reflects a cautious and measured approach, with a clear focus on anchoring inflation expectations while preserving macroeconomic stability. While the real estate sector always welcomes lower borrowing costs, maintaining economic stability remains a larger priority. A stable policy stance will reinforce investor confidence and ensure that financing costs remain predictable. The housing sector today is resilient enough to sustain momentum even amid a pause in monetary easing. As global uncertainties ease and inflation remain contained, the RBI will have greater flexibility to support growth through calibrated policy measures.
Miss Reeza Sebastian Karimpanal, CRO, Residential, Embassy Developments Ltd., “With the RBI opting to hold rates steady in its August review, the real estate sector gets another quarter of policy predictability to work with. It provides a meaningful anchor given the crosscurrents in global growth and inflation. On the ground, we are seeing that homebuyers today are looking well beyond the interest rate cycle; the real decision drivers are quality, community design, and the long-term value a project can hold.
This is especially true in the premium and luxury segments, where buyers are anchored more by conviction in India’s growth trajectory and real estate as a wealth-preserving asset than by monthly EMI math. Continuity in policy only strengthens that conviction, giving both developers and buyers the confidence to plan further out rather than react to short-term rate signals. This dynamic should keep the residential market on a steady footing through the rest of the year.“
Overall, the RBI’s decision to maintain the repo rate at **5.25%** has been widely welcomed by the real estate industry. Developers believe that policy continuity will strengthen market confidence, support housing demand, and provide a stable environment for long-term investments and sustainable growth across the sector.