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Tag: affordable housing India
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GST 2.0: Will Lower Cement, Marble & Tile Taxes Make Homes Cheaper?
In a significant move to make housing more affordable, the Indian government has announced a reduction in Goods and Services Tax (GST) rates on key construction materials. Effective September 22, 2025, the GST on cement has been slashed from 28% to 18%, while taxes on marble, granite, and tiles have been reduced from 12% to…
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GST Cuts on Cement, Steel, Tiles & Paints: Affordable Housing and Construction Costs Drop in India 2025
The government’s recent GST reform is being hailed as one of the most impactful tax changes for India’s real estate sector. By reducing GST rates on cement and other construction materials, the cost of building homes is set to decline significantly. This move comes at a crucial time when the country is focusing on affordable…