Below are teh comments, aAs government has announced GST relief.

Manju Yagnik - Vice Chairperson of Nahar Group and senior Vice president of NAREDCO Maharashtra

"The GST Council’s decision to slash the tax on cement from 28% to 18% is a transformative reform for the real estate and infrastructure sectors. Cement, being one of the most vital and cost-intensive inputs in construction, directly influences the viability and affordability of housing projects. This rationalisation will significantly ease input costs, improve financial feasibility for developers, and most importantly, make homes more affordable for buyers. The impact will be especially pronounced in the mid-income and affordable housing segments, where price sensitivity is highest and demand continues to surge.

The reductions on other essential building materials such as marble, granite, and bricks further strengthen this move, allowing developers to accelerate launches, ensure timely project completions, and pass on benefits to homebuyers. At a time when the industry is striving to bridge the housing gap and meet the aspirations of millions of first-time buyers, this measure creates the right environment for sustainable growth. Coupled with festive sentiment, the decision will not only boost homeownership but also inject fresh momentum into India’s real estate cycle, supporting the larger vision of inclusive and accessible housing for all."

Alakshendra Singh - Head of corporate communication, Eros Group

"The reduction in GST on cement from 28% to 18% is a major policy move that can lower overall construction costs by 2–3%, given that cement accounts for roughly 30–35% of total building material expenses. This change improves project viability for developers, enabling faster completion timelines. For homebuyers—especially in the affordable and mid-income segments—it translates to greater housing affordability and improved price stability. Announced ahead of the festive season, the timing is well-suited to boost market sentiment and encourage home purchases. Beyond short-term gains, this reform aligns with the government’s ‘Housing for All’ vision by making homeownership more attainable and sustainable."