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GST reforms

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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.
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.

Homebuyers to Benefit as GST on Cement, Building Materials Cut From Sept 22

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.