“The RBI’s decision to maintain the repo rate at 5.50% is a welcome signal of stability for the housing sector. In a time when global volatility and trade-related uncertainty are resurfacing, India’s domestic policy consistency gives both developers and homebuyers a crucial layer of confidence. We expect this rate pause, coupled with easing inflation, to re-energise mid-income homebuyers and sustain momentum in Mumbai’s emerging and suburban real estate markets, where affordability and aspiration go hand in hand. It’s now up to the industry to match this macro clarity with delivery excellence and customer-centric innovation.” says Mr. Samyak Jain, Director, Siddha Group
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About Siddha Group: founded in 1986 and headquartered in Kolkata, is one of India’s most trusted real estate developers, operating across Kolkata, Mumbai, Jaipur, and Bengaluru. The Group specializes in residential and commercial developments, integrated townships, and slum rehabilitation projects, with a vision to deliver world-class spaces that combine high design, construction quality, and affordability.
Under the leadership of Chairman Chandra Prakash Jain, Managing Director Sanjay Jain, and Director Samyak Jain (who spearheads Mumbai projects), Siddha has built a strong legacy of innovation and timely delivery.
In Mumbai, the Group has launched signature developments such as Siddha Sky in Wadala—featuring the city’s first Rooftop Skywalk connecting five 39-storey towers. This project offers 2, 3 & 4 BHK lifestyle residences with rooftop amenities like sky lounge, hammock seating, star-gazing decks, jogging loops, and over 22,000 sq. ft. of club space and 36,000+ sq. ft. of retail (Siddha Magna).
The Group is also developing a ₹1,200 crore Slum Rehabilitation Project in Wadala on a 7-acre land parcel, comprising 1,700 units for slum dwellers
Nationally, Siddha has delivered 5 million sq. ft. across 26 projects in Kolkata and is currently developing 15 million sq. ft. more; in Jaipur, the Group has built 2 million sq. ft. and is constructing another 2 million, while in Bengaluru, it has completed a pilot project with future growth planned.
Known for its architectural innovation, Siddha introduced the Rooftop Skywalk concept in four Kolkata projects before bringing it to Mumbai. The company also offers cutting-edge 3D virtual reality tours and integrates smart layouts, green design, and efficient planning into its customer-first approach.
Recognized with 25+ prestigious awards, including ‘Most Trusted Real Estate Brand in India – East Zone’ by CNBC Awaaz, Siddha continues to stand out for its transparency, technology-driven execution, and commitment to timely delivery.
