In a significant nod to the transformative GST reforms unveiled on September 4, 2025, industry players across India—including Assam’s own real estate and infrastructure developers—have expressed their strong approval. The overhaul slashes existing GST slabs to just two (5% and 18%) and notably reduces tax on essential construction materials like cement, marble, and granite blocks, promising a vital boost in both cost-efficiency and affordability.
Sector Reaction:
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Key materials like cement (cut from 28% to 18%) and granite blocks (from 12% to 5%) received enthusiastic responses from developers, who anticipate a significant reduction in construction costs. This, in turn, is expected to translate into more favorable pricing for homebuyers and heightened project momentum.
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Analysts cite a timely alignment with stable interest rates and the upcoming festive season as ideal conditions for the reforms to catalyze demand and strengthen project pipelines.
What This Means for Assam’s Real Estate:
Assam’s developers, represented by the Assam Real Estate & Infrastructure Developers’ Association (AREIDA), will likely benefit from these sector-wide cost and compliance efficiencies. As project economics improve, the potential for accelerated growth in both housing visibility and infrastructure ventures increases significantly.
In summary, the GST reforms are being hailed as a decisive turning point—poised to lower construction costs, enhance affordability, and provide a springboard for renewed growth in real estate across Assam and beyond.
