Browsing Tag

cement GST cut

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The GST Council’s landmark reform slashes tax rates on cement and key construction materials from September 22, 2025. Homebuyers stand to gain as lower input costs reduce project expenses by 3–5%, boosting affordability in the mid-income and budget housing segments. Experts including Anuj Puri (ANAROCK) and the Cement Manufacturers’ Association hail the move as transformative, with potential to revive demand and accelerate project launches ahead of the festive season.

GST on Homes: Affordable at 1%, Luxury at 5%, Ready Flats Exempt

Affordable homes attract just 1% GST, under-construction projects 5%, while ready-to-move-in flats are exempt. With cement GST cut to 18%, construction costs may ease, but buyer benefits depend on developers.
GST

Cheaper Cement, Stable GST on Homes: What It Means for Homebuyers

The GST Council has slashed cement tax from 28% to 18%, reducing project costs by up to 4.5%. While GST on properties remains unchanged, the move is expected to support affordability and boost housing supply.
Affordable housing

Affordable Homes Slip Away: Construction Costs Up 40%, Affordable Housing Share Falls to 12%

Affordable housing is fast slipping out of reach for Indian homebuyers. Construction costs are up 40% in five years, and affordable housing supply has shrunk from 40% in 2019 to just 12% in H1 2025