NEW DELHI — Delhi NCR is one of India’s most dynamic real estate markets — from luxury towers in Gurugram to affordable housing projects in Noida Extension and redevelopment colonies in Central Delhi. Yet behind every construction project, every Joint Development Agreement, and every completed apartment handover lies one of the most complex GST compliance landscapes in any sector of the Indian economy. Builders and developers who misclassify their projects, miss TDR reverse charge obligations, or incorrectly apply the affordable housing rate face penalties, demand notices, and blocked Input Tax Credit that can run into crores. B M C & Associates, a full-service Chartered Accountant firm in Delhi NCR with 14+ years of real estate sector expertise, releases this comprehensive guide to help Delhi’s property developers, builders, landowners, and housing society administrators navigate every critical GST obligation with precision.
Why Real Estate GST Is One of India’s Most Complex Compliance Challenges
The real estate sector occupies a unique and genuinely complicated position in India’s GST framework. Unlike most sectors where a single rate applies to a single supply, real estate involves:
🚨 What Makes Real Estate GST Uniquely Complex:
• Multiple rates (0%, 1%, 5%, 12%, 18%) applying simultaneously on different components of the same project
• No Input Tax Credit for residential projects (1% and 5% rates) — meaning developers absorb all input GST without recovery
• Reverse Charge Mechanism (RCM) on TDR, FSI, and long-term land leases — where the developer pays GST instead of the landowner
• Deferred tax liability on JDA/TDR — GST triggered only at Completion Certificate or first occupation, not at signing
• Affordable housing classification with dual test (area AND price) that is frequently mis-applied
• Different treatment for residential vs. commercial within the same mixed-use project
• GST 2.0 reforms (effective September 2025) changing construction material rates with indirect impact on project economics
• Mandatory RERA-GSTN database linkage planned by end of 2025 — increasing transparency and enforcement risk
“Real estate is the sector where we see the most expensive GST errors — not because the builders are non-compliant by intent, but because the rules are genuinely intricate. A developer who misclassifies even one tower from non-affordable to affordable housing, or who misses the RCM liability on TDR, can face a demand notice running into ₹5–20 crore. The compliance cost of getting it wrong vastly exceeds the cost of getting expert advice upfront.”
— CA Bipin Kumar Jha, Partner, B M C & Associates
PART 1: GST Rate Landscape for Real Estate — Every Category Explained
The Four Core Rates and When They Apply
The GST framework for real estate post-April 2019 and post-September 2025 is built around four effective rates, each with critically different ITC and compliance implications:
1% GST — Affordable Housing (No ITC)
✔ Applies to: Under-construction residential units that simultaneously meet: carpet area ≤60 sqm (metro) or ≤90 sqm (non-metro) AND gross value ≤₹45 lakh
💸 Tax calculation: 1% applied on 67% of agreement value (33% notional land deduction). On a ₹40 lakh flat: taxable value = ₹26.8 lakh; GST = ₹26,800
⚠️ Critical trap: BOTH conditions must be met simultaneously. A flat at ₹43 lakh with 65 sqm carpet area in Delhi NCR (metro) fails the area test — NOT affordable housing; 5% applies
5% GST — Non-Affordable Residential Under-Construction (No ITC)
✔ Applies to: All other under-construction residential properties that do not qualify as affordable housing
💸 Tax calculation: 5% on 67% of agreement value. On a ₹1 crore flat: taxable value = ₹67 lakh; GST = ₹3.35 lakh payable by buyer to builder
🚨 ITC blocked: Builder CANNOT claim ITC on cement, steel, paint, tiles, electrical fittings used in residential construction under the 5% regime
⚠️ Common mistake: Developers with mixed projects (affordable + non-affordable) must maintain separate accounts and invoice streams; mixing them attracts 5% across the board on the entire project
0% GST — Exempt: Ready-to-Move, Completed, and Resale Properties
✔ Applies to: Any residential or commercial property for which Occupancy Certificate (OC) / Completion Certificate (CC) has been issued before the date of sale
✔ Also exempt: Resale of property by an individual (not a developer); pure land transactions with no development work
💡 Key implication for builders: Rushing to obtain OC before all units are sold converts them from 5% taxable to 0% exempt — potentially affecting cash flow and project economics if not planned. However, it benefits buyers who prefer GST-free transactions
12% GST — Commercial Under-Construction Properties (With ITC)
✔ Applies to: Under-construction commercial properties: shops, offices, showrooms, warehouses, co-working spaces
💰 ITC advantage: Full Input Tax Credit available — developer can set off GST paid on cement, steel, labour, and other inputs against the 12% output liability
🏗️ Mixed project implication: In a mixed-use development (residential + commercial), careful ITC apportionment is mandatory — only the commercial portion's ITC can be claimed; residential ITC must be reversed in full
Complete GST Rate Reference: Every Real Estate Transaction in One Table
The following comprehensive table covers every property-related transaction, supply, and charge encountered by Delhi NCR builders, developers, landowners, and housing societies:
Property / Transaction Type
GST Rate
ITC for Builder?
Who Pays
Key Condition
Under-construction residential (non-affordable)
5%
No
Buyer to builder
Applied on 67% of agreement value (33% land deduction)
Under-construction affordable housing
1%
No
Buyer to builder
Carpet area ≤60 sqm (metro) / ≤90 sqm (non-metro) AND price ≤₹45 lakh
Ready-to-move-in / completed (OC received)
EXEMPT
No
N/A
OC / Completion Certificate issued before sale
Resale residential property (by individual)
EXEMPT
N/A
N/A
No GST; only stamp duty + registration charges
Commercial under-construction (shops, offices)
12%
Yes
Buyer to builder
Full ITC available to developer on inputs
Works contract — private construction
18%
Yes (partial)
Sub-contractor to main contractor
ITC restricted for contracts used in exempt supply
Works contract — government projects
12%
Yes
Sub-contractor to govt entity
Lower rate for government infrastructure projects
TDR / FSI supply (for residential project)
18% (RCM)
Deferred/limited
Builder pays on RCM
Tax deferred to CC/OC date; capped at 1% or 5% of flat value
TDR / FSI (for commercial project)
18% (RCM)
Limited
Builder pays on RCM
No cap; full 18% applies on commercial component
Long-term land lease (≥30 years)
18% (RCM)
Limited
Lessee/developer on RCM
Same treatment as TDR for residential; capped
Joint Development — developer's share
5% or 1%
No
Developer on construction value
On value of flats allotted to landowner
Joint Development — landowner's share
18%
No
Landowner (GST registered)
On value of land transferred to developer
Rental — residential (long-term)
EXEMPT
N/A
N/A
Residential renting for habitation — fully exempt
Rental — commercial (offices, shops, warehouses)
18%
Yes
Tenant (if registered) or landlord
Business use attracts 18%; tenant pays under RCM if landlord unregistered
Rental — residential used for business
18%
Yes
Tenant on RCM
If registered business rents a house for use as office/guest house
Maintenance charges (RWA/housing society)
18%
Limited
Member to RWA
Only if charges exceed ₹7,500/month per unit AND RWA turnover >₹20 lakh
One-time maintenance deposit (builder)
18%
No
Buyer to builder
Taxable per AAR ruling; credited to future maintenance
Parking charges (charged with flat)
5% or 1%
No
Buyer to builder
Bundled with residential flat; same rate as flat
Preferential location charges (PLC)
5% or 1%
No
Buyer to builder
Part of total consideration; same rate as flat
Cement (construction material)
18%
Yes (if commercial)
Builder to supplier
Reduced from 28% in GST 2.0; ITC not available for residential
Steel (construction material)
18%
Yes (if commercial)
Builder to supplier
Same; ITC blocked for residential projects
GST on home loan processing fee
18%
N/A
Borrower to bank
Taxable financial service; not ITC-eligible for individual
PART 2: The Affordable Housing Classification — Getting It Right in Delhi NCR
The 1% GST rate for affordable housing is one of the most sought-after and most frequently misapplied provisions in real estate GST. Delhi NCR, as a metro region, has specific criteria that differ from non-metro locations:
Criteria
Metro Cities*
Non-Metro Cities
Source
Maximum Carpet Area
60 square metres
90 square metres
CGST Notification No. 03/2019
Maximum Gross Value
₹45 lakh (all-inclusive)
₹45 lakh (all-inclusive)
CGST Notification No. 03/2019
GST Rate
1% (no ITC)
1% (no ITC)
Post-April 2019 revised rates
PMAY-CLSS Benefit
Credit-linked subsidy (EWS/LIG/MIG)
Same
PM Awas Yojana — Urban
How 'affordable' is determined
BOTH area AND price limits must be met simultaneously
Same
CBIC FAQ Circular
What's included in ₹45 lakh
Base price + PLC + parking + club charges + all levies excl. stamp duty
Same
CBIC Clarification
What's excluded from ₹45 lakh
Stamp duty, maintenance deposit, RWA maintenance charges
Same
CBIC Clarification
PMAY-CLSS exception
If buyer is PMAY beneficiary, area limit is relaxed — only price limit applies
Same
GST FAQ by CBIC
“We had a builder in Noida who classified a 62 sqm unit as affordable housing because the price was ₹42 lakh — well within the ₹45 lakh limit. But the carpet area exceeded 60 sqm, which is the metro limit. The entire project’s affordable classification was rejected in a GST audit, and the developer had to pay the difference between 1% and 5% across 200 units with interest. That was a ₹1.4 crore avoidable demand. The dual test is non-negotiable.”
— CA Manish Mishra, Partner, B M C & Associates
PART 3: Joint Development Agreements (JDAs) and TDR — The Reverse Charge Minefield
Joint Development Agreements (JDAs) and Transfer of Development Rights (TDR) are the lifeblood of Delhi NCR’s redevelopment and plotted development sector. They are also the single most complex GST compliance area for real estate businesses — involving reverse charge mechanisms, deferred tax triggers, and rates that differ based on project type, unit type, and booking status.
The Core Principle: Developer Pays GST on TDR Under RCM
When a landowner transfers TDR or FSI (Floor Space Index) to a developer for use in a residential project, the developer — not the landowner — is liable to pay GST under the Reverse Charge Mechanism (RCM). This applies even if the landowner is an individual with no GST registration, and even if they do not charge GST in their agreement.
💡 The 2019 TDR Deferred Tax Framework — How the Clock Works:
• GST on TDR used for RESIDENTIAL projects is DEFERRED — not paid at time of JDA signing
• The tax liability triggers on the date of Completion Certificate (CC) OR first occupation / possession, whichever is EARLIER
• GST is payable ONLY on the proportionate value of residential flats that are UNSOLD on the date of CC/first possession
• Flats already sold and GST collected from buyers BEFORE CC date: the TDR GST on those booked units is EXEMPT
• Net effect: developer pays TDR RCM GST only on unsold inventory at the time of project completion
• For COMMERCIAL TDR: no deferred treatment — GST at 18% is payable immediately at time of TDR transfer
JDA GST Treatment: The Full Scenario Map
JDAs in Delhi NCR take many forms — area-sharing (landowner gets constructed flats), revenue-sharing (landowner gets cash/percentage of sales), or hybrid. Each has different GST implications:
Scenario
GST Rate
Who Pays
When
Trigger Event
Landowner transfers TDR/FSI to developer (residential project)
18% on RCM (capped at 1%/5% of flat value)
Developer pays to Govt on RCM
At time of Completion Certificate / first occupation
Date of OC / CC or first possession, whichever earlier
Landowner transfers TDR/FSI (commercial project)
18% on RCM — full rate, no cap
Developer pays to Govt on RCM
At time of registration / receipt of TDR
No deferred payment benefit for commercial
Developer allots constructed flats to landowner
5% or 1% depending on flat category
Developer pays on the construction value
Simultaneous with OC / possession
Value = FMV of construction cost of landowner's flats
Landowner sells their share of flats (before OC)
5% or 1%
Landowner (if GST registered)
On receipt of consideration
Landowner becomes a 'promoter' if selling flats pre-OC
Landowner sells flats after OC received
EXEMPT
N/A
No GST at this stage
Ready-to-move exemption applies even if landowner is seller
Developer-to-developer TDR outward supply
18%
Transferor developer
On transfer
Full 18% — no residential cap on developer-to-developer transfers
Long-term land lease (≥30 years) — residential project
18% (RCM) — capped at 1%/5%
Lessee/developer on RCM
At time of CC / first possession
Same deferred treatment as TDR for residential
Long-term land lease (≥30 years) — commercial
18% — no cap
Lessee/developer on RCM
At time of registration/execution
Immediate liability unlike residential deferred scheme
Revenue-share JDA — developer's cash payment to landowner
Not a GST-able supply (money payment)
N/A
N/A
Pure cash payment is not a supply; no GST
Revenue-share JDA — developer's service to landowner (construction)
5% or 1% on construction value of landowner's share
Developer
At OC / possession
Treated same as flat allotment to landowner
“The deferred TDR liability is where we see the most dangerous surprises for Delhi builders. A developer signs a JDA in Year 1, builds for 3 years, and gets the Completion Certificate in Year 4. On the CC date, they suddenly face a GST liability on all unsold units — which they had not provisioned for because they assumed TDR was GST-free. This deferred liability must be planned for, budgeted for, and managed actively throughout the project lifecycle.”
— CA Saroj Jha, Partner, B M C & Associates
PART 4: Input Tax Credit for Builders — What You Can Claim and What Is Permanently Blocked
The Fundamental ITC Reality for Residential Builders
The decision to abolish ITC for residential builders under the 1% and 5% schemes (effective April 2019) was one of the most commercially significant GST changes for the sector. The logic was simplification — lower rates with no ITC vs. higher rates with ITC. In practice, it means:
❌ ITC Permanently Blocked for Residential Builders (1%/5% Scheme):
• GST on cement purchased (18%) — NOT claimable
• GST on steel (18%) — NOT claimable
• GST on paint, tiles, electrical fittings, sanitary ware — NOT claimable
• GST on sub-contractor labour and works contract services (18%) — NOT claimable for residential
• GST on project management consultancy, architectural services (18%) — NOT claimable
• GST on construction equipment hire (18%) — NOT claimable
• GST on biomedical / construction waste disposal — NOT claimable
• GST on marketing services, advertising for project launch (18%) — NOT claimable against residential output
✅ ITC That CAN Be Claimed (Even for Residential Builders):
• GST on goods and services used EXCLUSIVELY for commercial components of a mixed-use project (12% output) — CLAIMABLE
• GST on office expenses, accounting software, professional fees for the developer's own company administration — CLAIMABLE
• GST on vehicles used for business (with conditions) — PARTIALLY claimable
• GST on IT infrastructure and cloud services for business management — CLAIMABLE
• Rule 42/43 apportionment: if inputs are used for BOTH residential (exempt-equivalent) and commercial, the commercial proportion is CLAIMABLE
GST 2.0 Impact: Cement Now at 18% — Some Relief for Builders
The GST 2.0 rationalisation (effective September 2025) reduced cement from 28% to 18%. While residential builders cannot claim ITC on this input, the reduction in purchase price of cement still benefits them by lowering actual construction costs by an estimated 3–5% per project. For a ₹100 crore project, this translates to ₹3–5 crore in real cost savings that can be either retained as margin or passed on to buyers.
PART 5: 9 GST Mistakes Delhi Builders Are Making Right Now
MISTAKE 1: Applying 1% Without Meeting BOTH Affordable Housing Conditions
❌ Violation: Charging buyers 1% GST on units where EITHER the price exceeds ₹45 lakh OR the carpet area exceeds 60 sqm (metro), resulting in underpayment of GST and potential demand for the difference plus interest at 18% p.a.
✅ Fix: BMC conducts a unit-by-unit classification review at project launch — every apartment is tested against BOTH criteria simultaneously, and the billing system is configured to apply 1% or 5% accordingly with no manual override possible.
MISTAKE 2: Not Provisioning for TDR Reverse Charge at Project Completion
❌ Violation: Developer signs JDA, builds for 3+ years, receives CC, and is suddenly hit with a large RCM GST liability on unsold inventory — a liability they had not budgeted for and cannot pay without distress funding.
✅ Fix: BMC establishes a TDR liability provision schedule from project inception — estimating projected unsold inventory at CC date and building the RCM GST liability into the project's financial model and cash flow forecast.
MISTAKE 3: Mixing Affordable and Non-Affordable Units in a Single GSTIN Without Separate Accounts
❌ Violation: Developers with mixed projects (some units at 1%, others at 5%) who do not maintain separate invoice series, separate GSTR-1 reporting, and separate HSN-SAC classification face GST audits where the entire project is assessed at 5%.
✅ Fix: BMC sets up project-level accounting with separate invoice series, distinct SAC codes, and separate GSTR-1 schedules for affordable and non-affordable units from day one of booking commencement.
MISTAKE 4: Charging GST on Ready-to-Move Inventory After OC Is Received
❌ Violation: Collecting GST from buyers on units sold after the OC is issued is a serious error — the supply is exempt, and the builder cannot charge or retain GST on an exempt supply. The GST collected must be refunded to the buyer AND deposited with the government, creating a double payment situation.
✅ Fix: BMC builds an OC-monitoring system into every client's compliance calendar — the moment OC is received, all pending booking templates are immediately converted to GST-exempt invoices.
MISTAKE 5: Including GST-Exempt Charges in the GST Calculation Base
❌ Violation: Stamp duty, registration charges, and RWA maintenance deposits are NOT includible in the agreement value for GST calculation. Builders who include these in the taxable value over-collect GST from buyers and create excess tax liability.
✅ Fix: BMC reviews every sale agreement template before project launch to ensure taxable value is correctly computed, excluded charges are separately specified in agreements, and buyer invoices reflect the correct GST base.
MISTAKE 6: Missing RCM on Procurements from Unregistered Suppliers
❌ Violation: Builders who procure goods or services from unregistered vendors (small contractors, informal labour, material suppliers below ₹20 lakh threshold) may have RCM obligations that they are not discharging. Non-payment of RCM attracts interest at 18% p.a. from the date the liability arose.
✅ Fix: BMC maintains a vendor master that classifies every supplier as registered or unregistered, and automatically triggers RCM payment entries in the accounting system for unregistered procurement above the threshold.
MISTAKE 7: Claiming ITC on Residential Construction Inputs
❌ Violation: Builders under the 1% or 5% residential scheme who claim ITC on cement, steel, or works contract services are committing a serious violation under Rule 38 of the CGST Rules. This is frequently detected in GST audits and attracts demand for reversal plus 24% interest (18% + 6% penalty).
✅ Fix: BMC configures the accounting system to mark all residential construction inputs as 'blocked ITC' from the first purchase invoice, preventing inadvertent claims that would need reversal later.
MISTAKE 8: Ignoring GST on Maintenance Charges Above ₹7,500 Per Month
❌ Violation: Housing societies and RWAs that collect maintenance charges of ₹7,500 or more per month per flat are required to charge GST at 18% on the ENTIRE maintenance amount (not just the excess over ₹7,500). Many RWAs are unaware of this, particularly newly formed societies in Delhi NCR projects.
✅ Fix: BMC advises newly formed RWAs on GST registration threshold (₹20 lakh annual turnover), maintenance charge structure optimisation to stay below ₹7,500 per flat where possible, and monthly GST compliance once registered.
MISTAKE 9: Ignoring RERA-GSTN Integration — The Incoming Enforcement Wave
❌ The Risk: The planned RERA-GSTN database integration (phased rollout by end of 2025) will allow tax authorities to cross-match project registration data, booking receipts, GST filings, and completion certificates automatically. Builders with discrepancies between RERA disclosures and GST returns will receive system-generated audit notices.
✅ Fix: BMC conducts a RERA-GST reconciliation audit for all real estate clients — matching project registration numbers, booked units, consideration received, and GST filed to ensure zero discrepancy before the integration goes live.
“The RERA-GSTN integration is the single most important compliance development for Delhi builders in the next 12 months. It will do for real estate what e-invoicing did for manufacturing — create a digital audit trail that makes discrepancies impossible to hide. Builders who are clean will benefit from faster approvals and better credit ratings. Builders with unresolved gaps face an automated enforcement wave. The time to get clean is now, before the system does it for you.”
— CA Bipin Kumar Jha, Partner, B M C & Associates
Complete GST & Tax Compliance Calendar for Delhi Builders (FY 2025–26)
Due Date
Obligation
Form / Portal
Applicable To
10th of every month
GSTR-8 (if platform/ECO — not typical for builders)
GST portal
N/A for most builders
11th of every month
GSTR-1 — outward supply details (if monthly filer)
GST portal
Builders with turnover >₹5 crore
13th of every month
GSTR-1 / IFF — quarterly filers invoice reporting
GST portal
Builders with turnover ≤₹5 crore under QRMP
20th of every month
GSTR-3B — net tax payment & ITC claim
GST portal
All GST-registered builders and developers
25th of every month
GST PMT-06 — advance payment (QRMP filers)
GST portal
Quarterly filers who pay tax monthly
7th of every month
TDS deposit — salary and vendor payments
ITNS 281 Challan
Builders with staff or contractor payments >₹30,000
30th April
Annual GSTR-4 (composition dealers — rare for builders)
GST portal
Only if opted for composition scheme
July 31st
Income Tax Return — builder company / LLP / individual
ITR-3 / ITR-6
All builders and promoters
September 30th
Tax Audit completion (builders with turnover >₹1 crore)
CA Certificate + ITR-3B
Builders above audit threshold
October 31st
ITR with tax audit — final deadline
Income Tax portal
Audit cases only
December 31st
GSTR-9 Annual Return (turnover >₹2 crore)
GST portal
Most mid-size and large builders
December 31st
GSTR-9C — self-certified reconciliation (turnover >₹5 crore)
GST portal
Large builders and developers
31st July each year
FLA Return — if foreign capital received in project
RBI FLAIR portal
Builders with NRI / FDI investment
Within 30 days of booking
e-Way Bill for construction material movement (value >₹50,000)
e-Way Bill portal
Builders moving materials across state lines
Before CC / OC
TDR/JDA GST payment on RCM basis — deferred liability triggers
GST portal
All JDA/TDR-based project developers
Within 15 days of purchase
RCM payment for procurements from unregistered suppliers
GST PMT challan
Builders buying from unregistered vendors
How B M C & Associates Serves Delhi NCR’s Real Estate Sector
Pre-Launch Advisory
• Project classification analysis — affordable vs. non-affordable determination for every unit type
• JDA / TDR GST structuring — identifying deferred liability, provisioning schedule, RCM framework
• RERA-GST alignment review — ensuring project registration data and GST structure are consistent
• Sale agreement template review — correct taxable value computation, excluded charges identification
• ITC apportionment strategy for mixed-use developments (residential + commercial)
Transaction-Level Compliance
• Monthly GSTR-1 filing with correct HSN/SAC coding for all unit types and charges
• GSTR-3B filing with precise RCM liability on TDR, long-term leases, and unregistered procurement
• e-Way Bill management for construction material movement across Delhi NCR and inter-state
• Buyer GST invoice generation and demand letter compliance review
• ITC reversal workings for Rule 42/43 apportionment in mixed projects
Project Completion & Post-OC
• Completion Certificate trigger management — TDR RCM liability computation and payment on CC date
• Unsold inventory identification and TDR GST calculation on the CC date benchmark
• Transition of sold inventory from 5%/1% taxable to 0% exempt post-OC
• Final reconciliation of GST collected from all buyers vs. GST deposited with the government
• GSTR-9 and GSTR-9C annual return preparation with full project-level reconciliation
RWA & Housing Society Compliance
• GST registration advisory for housing societies crossing ₹20 lakh annual maintenance collection
• Maintenance charge structure optimisation to manage the ₹7,500 per member GST threshold
• Monthly GST return filing for registered housing societies
• ITC claim advisory for RWAs on capital goods and maintenance services
Notice Management & Litigation Support
• Response to GST audit notices, demand orders, and show-cause notices
• Representation before GST authorities for classification disputes
• RERA-GSTN discrepancy resolution before the integration enforcement begins
• Pre-audit compliance health-check — identifying and correcting all open issues proactively
“Real estate is not a sector where you can afford to get the GST framework right ‘approximately’. The stakes are too high — a single project can have 200 to 2,000 transactions, each with potential for classification error, RCM miss, or ITC violation. Our approach is to build the GST framework into the project infrastructure from day one: the right SAC codes, the right invoice templates, the right accounting structure, and the right provisioning for deferred liabilities. By the time the project reaches OC, there is nothing to fix.”
— CA Saroj Jha, Partner, B M C & Associates
About B M C & Associates
B M C & Associates is a full-service Chartered Accountant firm headquartered in Gurugram, serving real estate developers, builders, landowners, housing societies, and property investors across Delhi, Noida, Gurugram, Dwarka, and Faridabad. With 14+ years of experience and a 90%+ client retention rate, the firm’s real estate practice covers GST advisory, JDA structuring, TDR compliance, GSTR-1/3B/9/9C filing, income tax, ROC compliance for developer companies, FEMA for projects with NRI/FDI investment, and statutory audit. Led by CA Bipin Kumar Jha, CA Manish Mishra, and CA Saroj Jha, the firm has a proven track record of guiding Delhi NCR’s real estate businesses through every stage of the project lifecycle.
🏗️ Free Real Estate GST Health-Check — Book a 30-Minute Consultation
Are you a builder, developer, or housing society in Delhi NCR with questions about GST classification, JDA liability, TDR RCM, or RERA-GSTN compliance? Book a free 30-minute consultation with BMC’s real estate GST specialists. We will review your project structure, identify any open compliance risks, and recommend a clear action plan — at no cost.
Call/WhatsApp: +91-991-084-9998 | Email: info@bmcassociates.in | Visit: www.bmcassociates.in
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B M C & Associates
Email: info@bmcassociates.in
Phone: +91-991-084-9998 | +91-974-887-3205
Website: www.bmcassociates.in
Office: 4th Floor, Blue 1 Square, Udyog Vihar, Sector 18, Gurugram, Haryana — 122015
Also serving: Delhi | Noida | Gurugram | Faridabad | Dwarka | Pan-India (Online)