How GST 2.0 Transformed the Cost of Building a 2 BHK House in India

Image Source- Pinterest

[{"selector":"#anim-e212f335-ef62-462d-868a-3d6c8b6dc1b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.79605248940051%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6366562d-52a3-42a1-bd64-772dd6d627d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-776d098c-a4b8-49f4-a331-35ee194bf379","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Lower GST on Key Construction Materials GST 2.0 reduced rates on cement, tiles & steel Direct drop in raw material cost Builders save more → homeowners pay less Big relief for middle-class home builders Image Source- Pinterest

[{"selector":"#anim-d23edb1c-7a86-45b6-8b4f-ce9999446edc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(8.552631318936912%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d885a374-139c-4a75-baf8-a27ea45c253d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a74cbca2-950b-4e99-a061-30c7e85f82a1","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Cheaper Labour & Contractor Charges GST slabs revised for contractor services DMore transparency, less hidden pricing Home construction budgets now easier to plan Encourages timely project delivery Image Source- Pinterest

[{"selector":"#anim-bd21014c-244a-438b-a835-207713d5742d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.24142930296883%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-783ac7fb-4bd8-4851-94d7-492445142bea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b917610a-f9dd-4815-a812-e5f5ae077dbb","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reduction in Overall Construction Cost On average, 2 BHK construction dropped by 6–12% Fewer taxes → fewer price fluctuations More predictable cost structure Great news for first-time home builders Image Source- Pinterest

[{"selector":"#anim-9a5a01c6-2720-4e93-b966-2e07e908f3f4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.309344557141916%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9119d749-ee0d-4a59-bf6a-bf4808c6b840","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ff76202-3ce2-47de-8cf5-77ccec5b08c8","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Better Input Tax Credit (ITC) Benefits Simplified ITC rules for builders Savings passed on to customers Reduced burden on small developers Encourages fair pricing Image Source- Pinterest

[{"selector":"#anim-90c17071-0825-4dde-82c1-8847ec2b6ae9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.549341981265744%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f98d41a3-5e6c-48e3-9135-b5496c95d0ec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e90505f-d0ae-47ba-8328-0f68309a7927","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] More Transparency, Less Overcharging GST-compliant bills reduce fraud risk Standardized tax rate across India Easier price comparison between contractors Boosts trust in construction services Image Source- Pinterest

How GST 2.0 Transformed the Cost of Building a 2 BHK House in India

Swipe →

Read More Web Stories

Key Factors Shaping Market Trends in Indian Real Estate | 2025 Insights Revealed