Year-ender 2025: GST cuts on cement, marble and tiles reshape the real estate sector

In 2025, the GST Council implemented substantial tax cuts on construction materials: cement was reduced from 28% to 18%, bricks, tiles, and sand from 18% to 5%, paints and varnishes from 28% to 18%, and marble and granite blocks to 5%. Even modest reductions of 2–3% proved significant for middle-income homebuyers, especially when combined with […]