1. Ms. Binitha Dalal, Founder & Managing Partner, Mt. K Kapital says, “The rate rationalisation by the government is a welcome move and marks the first step towards a series of bold initiatives to strengthen the Indian economy. For upcoming projects, this reform could lead to cost savings of up to 5%, depending on their stage of execution and material requirements. The impact on ongoing projects, however, is likely to be relatively modest. We also believe the government should take additional steps to give a strong boost to affordable housing and reconsider the double indexation of GST on redevelopment and JDAs. Such measures will make housing more accessible and enhance competitiveness. Overall, this decision reflects a progressive approach, and we look forward to more reforms that support growth.”
2. Mr. Mohit Goel, Managing Director, Omaxe Ltd., says, “The introduction of a two-slab GST structure is a timely reform that we wholeheartedly welcome. By reducing rates on key inputs like cement, granite and marble, the government has eased cost pressures in construction and simplified compliance, improving affordability for homebuyers, especially in the under-construction segment.This reform comes at an important moment with stable interest rates, strong festive sentiment and rising demand for quality housing shaping a positive outlook. At Omaxe, we see it as an opportunity to accelerate our vision of creating sustainable, community-centric developments in metros and high-growth tier-2 markets such as Chandigarh, Lucknow, Indore and Bhopal. This balanced approach to taxation will not only benefit homebuyers but also strengthen the broader housing ecosystem, driving investment, employment, and confidence across Bharat’s growing cities.”
3. Ms. Amrita Gupta, Director, Manglam Group says, “The festive quarter has always been a natural catalyst for homebuying and this year the backdrop is even stronger. The GST Council’s recent cuts, from 12% to 5% on marble and granite blocks and 28% to 18% on key cements, signal softer input costs and help ease pressure on future pricing. For buyers it reinforces confidence that affordability can hold, and for organised players it enables faster procurement and better value creation. In tier-2 markets like Jaipur we have experienced that families demanding lifestyle-focused homes and aligning purchase decisions with auspicious dates. Mid-segment and lifestyle housing remains the clear focus and are drawing the strongest traction. With banks rolling out festive loan schemes, sentiment and structural tailwinds are coming together to keep momentum strong”
4. Mr Aditya Kushwaha, CEO and Director Axis Ecorp, says,“The GST reduction on key construction materials like marble, granite and cement is a timely boost for the sector. Lower input costs will help developers create better-designed, high-quality homes while keeping projects viable. For markets such as Goa, where interest in second homes and holiday villas is accelerating, especially among NRIs, this move supports sustainable growth and makes lifestyle-oriented real estate a more compelling investment story. It also strengthens the long-term case for creating thoughtfully planned holiday homes that balance affordability, premium design and strong rental potential.”