Materials
GST 2.0 and Real Estate: Can Lower Taxes on Construction Materials Make Homeownership More Affordable?
India’s much-anticipated GST 2.0 reform, with its sweeping rationalisation in tax slabs, promises meaningful relief for the real estate sector—and potentially for prospective homebuyers.
What...
GST on Cement & Steel Slashed to 18% — Construction Costs Set to Ease by ~5%
India’s 56th GST Council meeting has delivered a timely boost to the construction and real estate sector. The GST rate on cement—covering various types...
GST Relief on Building Materials to Slash Construction Costs and Spur Housing Boom
In a major policy move, the GST Council has rolled out sweeping tax relief on critical construction materials—marking a bold attempt to reinvigorate India’s...
Lowe’s Lands $8.8 Billion Blockbuster: Foundation Building Materials Acquisition to Power Its Pro Builder Strategy
In a strategic move unveiled on August 20, 2025, Lowe’s Companies Inc. agreed to acquire Foundation Building Materials (FBM) for approximately $8.8 billion, marking...
Eco Materials Launches First Low-Carbon Cement Plant in Pacific Northwest
Eco Material Technologies has inaugurated its first sustainably-built manufacturing hub in the Pacific Northwest: the Lakeview Plant in southern Oregon. Strategically located adjacent to...
Building Material Prices Surge to Two-Year High, Adding Pressure to the Construction Sector
Building material costs have climbed sharply, hitting their highest levels in nearly two years—signaling growing strain on the construction and housing industries.
According to the...
Modular Momentum: Global Prefab & Structural Steel Market to Hit $396 Billion by 2033
According to a recent IMARC Group analysis, the global prefabricated building and structural steel market was valued at USD 248 billion in 2024 and is projected...
Tower Hamlets Joins Innovative Reuse Pilot to Transform Construction Waste
Tower Hamlets Council has joined the ROMULUS (Reuse Of Materials Using Local Unitary Stakeholders) pilot scheme, expanding a sustainable initiative originally launched in the...
Indian Construction Major Enters Retail-Tech Space with Launch of Matelio
In a strategic diversification move, an Indian construction firm has unveiled Matelio, a new retail-tech platform aimed at transforming the way building materials are...
Green Boom: Sustainable Construction Materials Market to Soar from USD 346.8 Billion in 2024 to USD 842.5 Billion in 2034
The global construction sustainable materials market is on track for rapid expansion, nearly doubling from an estimated USD 346.8 billion in 2024 to USD 842.5 billion by 2034,...
