Business EconomyPosted at: Sep 4 2025 3:52PM


GST rate cuts on cement, construction materials a decisive step, relief to real estate sector : CBRE

Chennai, Sep 4 (UNI) CBRE Chairman and CEO-India, South-East Asia, Middle
East and Africa, Anshuman Magazine today said the reduction of GST rates on
cement and construction materials is a decisive step that provides much-needed
relief to the real estate sector.
Reacting to the rate cuts announced by union Finance Minister Ms Nirmala Sitharaman,
he said with cement, steel, and other inputs typically accounting for nearly 40–45% of
total construction costs, this reduction will meaningfully lower project expenses.
Developers can now pass on part of these savings to homebuyers, improving affordability
and stimulating demand across segments, he said.
This timely reform comes as a festive season boost, creating the right conditions to
spur homebuyer sentiment and drive purchase decisions.
This step will also accelerate the government’s larger vision of housing growth and
infrastructure-led economic development, he added.
UNI GV 1540
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Tags: #GST rate cuts on cement# construction materials a decisive step# relief to real estate sector : CBRE
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