<ul><li>The RBI's consecutive repo rate cuts have renewed hopes in the residential real estate market, but the key lies in whether banks pass on the benefits to borrowers.</li><li>The rate cut is seen as a bold move to drive economic revival in the face of global economic uncertainties and a slowdown in domestic real estate sales.</li><li>The rate cut could potentially boost homebuyer sentiment and affordability, leading to a turnaround in the residential real estate sector.</li><li>Despite the rate cut, many home loan borrowers may not experience immediate relief due to banks' cautious approach.</li></ul>

RBI's Interest Rate Cuts Raise Homebuyers' Hopes, But Banks Hold Key

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