GST on Commercial Property in Mohali — What Buyers Should Know
GST rules for commercial property in India differ between under-construction and ready stock. Here is how it applies to a Mohali City Centre purchase.
Under-construction vs ready property
GST applies on the purchase of under-construction commercial property at 12% (with input tax credit) [VERIFY: current effective rate under prevailing GST notifications]. Once a completion certificate is issued, subsequent resale sits outside GST.
Input tax credit for buyers
Registered businesses acquiring under-construction commercial property may claim ITC on the GST paid, subject to conditions under the CGST Act. Consult your CA for eligibility.
GST on rentals
Commercial rent attracts 18% GST, payable by the tenant to the landlord who then deposits it. Registered tenants can typically claim this as ITC against their own output GST.
Your questions, answered
How are commercial-property interest rates decided?+
Commercial property loans typically price 0.75%–1.5% above home-loan rates. Final rate depends on borrower profile, loan-to-value ratio, tenure and the bank's internal risk grade.
Is GST refundable for tenants?+
Registered businesses can claim input tax credit (ITC) on GST paid to a landlord for commercial rent, subject to standard GST-Act conditions. Consult your CA for specifics.
Are the Mohali City Centre projects RERA registered?+
Yes — every STJ Group development referenced on this page is RERA registered (PBRERA-SAS81-PC0068) and GMADA approved. Full documentation is shared before any booking.
How do I schedule a site visit?+
Call +91 97797 99705 or WhatsApp our leasing/investment desk. We arrange chauffeured walk-throughs across Mohali City Centre 1, 2, 3, 4, 5, Avenue, Walk and Square in a single visit.
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Speak with the STJ Group investment desk
Get the latest price list, payment plan, floor plan and ongoing offers on WhatsApp instantly. Call +91 97797 99705 or drop us a message.