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NEW DELHI – As of late September 2025, India’s housing market has not yet experienced direct price reductions following the implementation of GST 2.0. Instead, property sales are being fueled by attractive discounts and special offers rolled out by developers for the festive season, while the benefits of the new tax structure are expected to materialize in the longer term.

Also Read: NRIs Selling Property in India to Face New Tax Rules and Stricter Scrutiny

The new policy reduces GST on key construction materials but does not lower the final tax rate on property sales. This has created a positive market sentiment, but immediate affordability gains for homebuyers remain pending.

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How GST 2.0 Impacts

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