Impact of upcoming GST changes on India's Real Estate sectorsThe forthcoming GST changes, which will go into effect from September 22, 2025, will have a positive impact on the Indian residential, retail, and office real estate sectorsThursday September 4, 2025 12:08 PM , Arun ChitnisThe forthcoming GST changes, which will go into effect from September 22, 2025, will have a positive impact on the Indian residential, retail, and office real estate sectors. Residential Real EstateLower Construction Costs: Reduced GST on construction materials like cement can reduce construction costs by as much as 3-5%. Reduced GST on construction materials like cement can reduce construction costs by as much as 3-5%. Commercial Real EstateCommercial real estate currently attracts 12% GST with Input Tax Credit (ITC) available. Supply Chain Benefits: The GST rationalization will bring down logistics costs and help streamline supply chains, benefiting retail real estate operations.