2025-09-04 02:40:18 pm | Source: Square Yards
Quote on Reduction of GST on construction materials and its impact on the Real Estate sector by Mr Piyush Bothra, Co-Founder and CFO, Square Yards
Below the Quote on Reduction of GST on construction materials and its impact on the Real Estate sector by Mr Piyush Bothra, Co-Founder and CFO, Square Yards
The latest GST restructuring comes as a major boost for the real estate sector. With the reduction in costs of key construction materials such as cement and steel, input expenses for developers are expected to ease, making projects more viable. The move towards a simplified two-slab structure will also streamline compliance, making processes smoother and faster. For the residential segment, this is likely to translate into tangible benefits for homebuyers as developers pass on the savings over the coming months. While the impact may take some time to reflect, it could provide much-needed relief in the backdrop of rising property prices and add to overall affordability. Coupled with the optimism of the upcoming festive season, these reforms are well placed to drive stronger demand in the property market.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Passenger vehicle exports from India jump 18 pc in A...
Market outlook: US Fed meeting, Q2 earnings, trade d...
Over 15.72 crore rural homes receive safe tap water ...
Foreign investors' buying continues in Indian market...
Northeast undergoes remarkable transformation under ...
APEC CEO Summit to offer opportunity to find solutio...
Midsized carmakers post sluggish sales in South Kore...
Pradhan Mantri Dhan Dhaanya Krishi Yojana integrates...
Government plans reforms to support traditional med...
Union MoS George Kurian urges fisheries workers to r...
