GST Updates Post 56th Council Meeting and Their Impact on Real Estate and Self-Redevelopment
- Toughcons Nirman
- Sep 4
- 1 min read
Update on GST After the 56th Council Meeting: Impact on Real Estate & Self-Redevelopment
Quick Take
Cement GST cut: 28% → 18%
Marble & granite blocks: 12% → 5%
Other core items (tiles, sanitaryware, steel, paints, adhesives): unchanged at 18%
Professional services (architects, PMC, legal): unchanged at 18%
Effective from: 22 September 2025 (for goods and services).
Net effect: 2–3% saving on construction cost, not on the total project cost.
Sale-Side GST – No Change
Residential apartments: 5% (1% affordable), no ITC.
Commercial inside RREP (≤15% carpet area): 5% without ITC.
Standalone commercial (non-RREP): 12% with ITC.
These remain as per the 2019 framework.
By
Nayan Dedhia
Managing Director
Toughcons Nirman Pvt Ltd.
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