Will the government's proposal for two GST slabs—5% and 18%—under a revamped tax regime benefit homebuyers?

Last Update Date: 06-10-2026

Published by Hindustan Times

Abhishek Kumar's role: Quoted

Abhishek Kumar cautioned that even if indirect taxes come down, developers may keep the savings to protect their margins instead of passing them on to homebuyers through lower prices.

The article looks at the government's proposal to move to two main GST rates of 5% and 18%, and what it could mean for housing. It explains current GST on building materials and on under-construction homes, how lower input costs could ease prices, and whether the change could push more property deals into the formal economy.

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Will the government's proposal for two GST slabs—5% and 18%—under a revamped tax regime benefit homebuyers?

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