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GST Rate Cut on Cement: A Game-Changer for Real Estate – Great Value Realty

Quote Attribution:
Please attribute this quote to Mr. Payas Agarwal, Director, Great Value Realty

“The GST rate cut on cement is a game-changer for the real estate sector. With input costs forming nearly half of total project expenses, this move directly improves housing affordability and unlocks fresh demand. It’s a timely reform that empowers developers to pass on savings to homebuyers, while accelerating India’s broader vision of infrastructure-led growth. The GST slab revision on renewable energy equipment is a strategic catalyst for sustainable infrastructure and green building adoption. It is an enabler for developers to fast-track holistic, wellbeing-focused living spaces. This creates a stronger, more transparent value chain benefiting both developers and buyers. We welcome this timely reform and remain committed to building high-quality homes and communities that resonate with India’s evolving aspirations and deliver greater value to every family.”