Impact of GST in the Real Estate Industry ‘GST will be a game-changer for Indian industry, including for the real estate sector, since it will subsume more than 16 major taxes and levies into a single consolidated tax. Additionally, the unified tax regime will stop the unwanted practice of double taxation, which hurt real estate and other sectors, given their cascading effect that inflated prices for end users. With GST enforcing transparent transactions across all domains, this will be a blessing in disguise for real estate developers. ‘

It will raise the confidence of the NRI market to invest in Indian real estate because of the formation of a seamless all-inclusive channel Decrease in overall tax burden on goods will be a major advantage for the consumers Removal of double taxation as there'll be less hassle of paying several state taxes at different levels Empower the home buyer to take informed decision