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Will the GST Cut on Cement Save India’s Struggling Affordable Housing Market?

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If you’ve been following India’s real estate developments, you've probably heard the buzz: there's a strong push to cut the GST (Goods and Services Tax) on cement . Cement – the very foundation (literally) of every building, road, and infrastructure project – is currently taxed at a steep 28%. But with growing pressure from developers and economists alike, there’s rising hope that the government may finally bring this rate down. But here’s the big question – will a GST cut on cement really revive India’s struggling affordable housing market ? The Current State of Affordable Housing in India Over the past decade, India has made ambitious efforts to boost affordable housing. Schemes like Pradhan Mantri Awas Yojana (PMAY) aimed to make housing accessible to every citizen, especially the urban poor. But despite good intentions, the reality on the ground has been far from perfect. Many developers have exited the affordable housing space, citing poor margins, high input costs, and r...

Sumadhura Group to Invest ₹2,000 cr in FY26, Launch Plotted Housing in Devanahalli & Mid-Market Projects Across Bengaluru

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  As Bengaluru’s residential real estate market continues to flourish, Sumadhura Group has set the city abuzz with exciting plans for the financial year 2025–26. The developer is gearing up to invest ₹2,000 crore , with plotted housing in Devanahalli and mid-market housing projects scattered across Bengaluru leading the charge. Why This Matters for the Bengaluru Real Estate Landscape With significant infrastructure developments such as the Bengaluru–Chennai Expressway and the International Airport expansion, Devanahalli is emerging as a highly promising plotted-development zone in Bengaluru’s northern corridor. Sumadhura’s move into this area signals confidence in sustained growth, appealing to both end-users and investors. Meanwhile, mid-market residential projects  those that strike a balance between quality and affordability—are fast becoming the go-to choice for Bangaloreans seeking comfort without breaking the bank. By focusing on these segments, the Sumadhura Grou...