GST has rationalised construction costs: CBRE

The implementation of the Goods and Services Tax (GST) has come as a breather for the real estate industry. Aimed at introducing country-wide uniform taxation, GST has enabled builders to source materials from only registered suppliers in a transparent manner. Real estate in India’s top urban centres will reach 8.2 billion sq ft by 2025 and provide employment to approximately 17 million people acr…