The implementation of the Goods and Services Tax (GST) in India has had a significant impact on various sectors, and the real estate industry is no exception. GST on the Indian real estate sector, focusing on the myriad of issues and challenges it has introduced. The study delves into how GST has altered the tax landscape for real estate transactions, affecting both developers and buyers. It scrutinizes the complexities and ambiguities within the GST framework that have led to confusion and compliance challenges for stakeholders in the real estate market. Additionally, the impact of GST on property prices, input tax credit availability, and the overall competitiveness of the sector. Moreover, it sheds light on the administrative burdens and procedural hurdles faced by real estate developers and the necessity for streamlining processes to ensure smoother compliance. By examining these issues and challenges, this study aims to provide insights into the evolving dynamics of the Indian real estate sector post-GST implementation, offering recommendations for policymakers and industry stakeholders to address the existing gaps and optimize the regulatory framework for sustainable growth.

GST, real estate, Industry.