India’s upcoming GST revamp 2025 has sent shockwaves across the real estate sector. The GST Council is considering a 40% tax slab on imported luxury fittings and finishes—a move that could significantly increase the cost of ultra-luxury homes in India’s top real estate markets.

From Italian marble, premium flooring, modular kitchens, imported sanitary fittings, to branded wardrobes, almost every aspect of a high-end apartment could get costlier, making luxury housing less affordable for even high-net-worth buyers.

Explore Other Prime Real Estate Opportunities in NCR

There are several verified and ready-to-move flats available in the region. At The Fortune Realty Group, we provide expert guidance and curated listings to help you find the perfect property.

You can explore:

• Flats in Chattarpur & Vasant Kunj – Affordable options with excellent metro connectivity.

• Farmland in Manesar – Ideal for investment and weekend retreats.

Traditionally, luxury housing projects in Gurugram, Noida, Delhi, and Mumbai include pre-fitted premium interiors. However, with the new 40% GST slab, developers may be forced to increase home prices to offset costs.

This could lead to a trend of ‘raw apartments’—where builders deliver unfinished homes without luxury fittings. Buyers would then have the freedom to customize interiors themselves, saving significantly on GST while still investing in prime locations and ultra-modern infrastructure.

Why Luxury Homebuyers Should Be Concerned

Impact on Developers & Market Dynamics

• Developers: Builders in markets like Dwarka Expressway, SPR Gurugram, and Noida’s luxury sectors may restructure offerings, giving buyers options between semi-finished and fully furnished homes.

• Homebuyers: Those seeking premium properties may have to rethink budgets, as the cost of luxury homes could rise by several lakhs.

• Market Outlook: While demand for luxury real estate remains strong, pricing strategies will evolve. Some developers may absorb part of the GST impact to stay competitive.

Key Takeaways for Investors

• Imported fittings = higher GST: Expect a 40% tax slab to apply on key luxury items.

• Raw apartments may gain traction: Buyers could save big by finishing interiors post-possession.

• Luxury demand stays resilient: Prime real estate hubs like Gurugram, Noida, and Delhi NCR will continue to attract buyers, albeit with shifting preferences.

Related Reads to Explore

• To understand the broader trends shaping Delhi-NCR real estate, explore these must-read blogs:

  • Noida Sector 150 Sets India’s Real Estate Pace: Housing Prices Skyrocket 139% Since 2021

  • SPR Gurugram Emerges as New Luxury Real Estate Hotspot: Prices Surge 125% with ₹50,000 Crore Projects in Pipeline

  • Gurugram’s Sohna Road Sees Home Prices Jump 74% & Rents Rise 50% in 3 Years

  • Landmark SKYVUE Debuts on Dwarka Expressway: ₹400 Crore Low-Density Luxury Project

GST Revamp 2025 — What’s Changing?

At The Fortune Realty Group, we help you find:
✅ Verified luxury builder floors with clear registry
✅ Prime locations like Gurugram, Manesar, Chattarpur, Vasant Kunj, Vasant Vihar, and more emerging hotspots
✅ Full support with home loans, legal formalities, and after-sales services
✅ Zero brokerage deals — so your investment goes directly into your dream home, not middlemen

With booming infrastructure, excellent connectivity, and rising demand, Gurugram, Manesar, Chattarpur, Vasant Kunj, and Vasant Vihar have become top choices in Delhi NCR for luxury living and high-return real estate investments.

Verified luxury builder floors with clear registry

How TFRG Makes Luxury Buying Stress-Free

Looking to Invest in South Delhi or Manesar?

Contact TFRG today for verified listings, legal due diligence, and best-in-class guidance across residential, commercial, and plotted developments.