GST cut on construction materials like cement brings festive relief, but will developers pass on the benefits to buyers?
Last Update Date: 06-10-2026
Published by Hindustan Times
Abhishek Kumar's role: Quoted
Abhishek Kumar said developers might keep the tax savings to protect their margins instead of cutting prices for buyers.
More of Abhishek's views on money management
The article looks at the GST Council's rate cuts on cement, bricks and other building materials and whether they will lower home prices. It notes the gains may be small and delayed by existing contracts, and that the input tax credit question for rental buildings remains unresolved.
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GST cut on construction materials like cement brings festive relief, but will developers pass on the benefits to buyers?