Views of Mr Sachin Bhandari, Executive Director & CEO, VTP Realty on GST reduction on cement

New Delhi, September 10, 2025: It is a welcome move by the Government to reduce GST on cement from 28% to 18%. This step will surely benefit the real estate industry, particularly at a time when costs are rising, as it will help in controlling overall expenses. However, the extent to which these savings will be passed on to customers will become clearer over a period of time.

At the same time, more initiatives for reduction or refinement of GST in the real estate sector should have been introduced, considering it is the second-largest sector in the country and has a cascading impact across multiple allied industries. We look forward to more such reforms that will further drive the industry and enable customers to realize their dream of owning a home.

Corporate Comm India (CCI Newswire)