GST 2.0 Meets Navaratri : A Festive Windfall for Kanchipuram’s Real Estate - #GST Rate Cuts

Starting September 22, 2025, Kanchipuram known for its timeless temples and silk heritage has more than Navaratri to celebrate. Alongside the sound of festive drums and the glow of lamps, a new wave of good news has arrived for homebuyers and real estate developers.

The GST Council’s latest tax cuts on construction materials like cement, bricks, tiles, and paints promise to reshape the city’s housing landscape. For many families dreaming of a home in this cultural capital, what once felt like a stretch may now be within reach.

GST 2.0: A Timely Transformation

Think of Navaratri, a festival of renewal, prosperity, and new beginnings. That’s exactly what GST 2.0 brings to the real estate sector.

• Cement & ready-mix concrete: Reduced from 28% ➝ 18%

• Bricks, tiles & sand: Cut from 18% ➝ 5%

• Paints: Dropped from 28% ➝ 18%

  
  

These aren’t just numbers. They translate into a 3–5% dip in construction costs, giving developers much-needed breathing space and enabling buyers to enjoy 1–1.5% savings on home prices.

In a market like Kanchipuram dominated by affordable and mid-segment projects, this relief couldn’t have come at a better time.

The Navaratri Effect: Homes, Happiness & Higher Demand

Navaratri has always been a season of auspicious beginnings in South India. From buying gold and vehicles to making big investments like property, families see this festival as the right time to turn aspirations into reality.

This year, the festival aligns with something bigger: lower GST rates, lighter cost burdens for developers, and more attractive deals for buyers.

Imagine this: festive discounts from builders + reduced input costs from GST = unbeatable value for new homeowners. Experts believe while immediate price drops may not be drastic, the real benefit lies in better affordability of upcoming projects and enhanced buyer confidence.

What It Means for Kanchipuram

• For Homebuyers: Savings of 1–1.5% on prices could mean lower EMIs, smaller down payments, or the chance to stretch for a slightly bigger home. Middle-income families, especially, will feel the difference.

  
  

• For Developers: Relief from higher material costs means they can launch projects competitively, roll out festive promotions, and ride the wave of higher seasonal demand

  
  

• For the Market: With sentiment soaring and purchasing power strengthened, real estate demand in Kanchipuram is set to climb, not just this festive season but well into 2026.

  
  

As lamps light up the streets of Kanchipuram this Navaratri, they also symbolize a brighter phase for the city’s housing market. GST 2.0 has laid the foundation, and the festival spirit is set to amplify demand.

For families planning to invest, this is more than just an auspicious dates, it’s an opportune moment to unlock value in one of Tamil Nadu’s most historic temple towns.

After all, Navaratri is about victory and renewal. And this year, for Kanchipuram’s homebuyers, it’s about achieving the long-cherished victory of owning a dream home at the right price.

👉 If you’re eyeing a property in Kanchipuram, 2025’s Navaratri might just be your moment.