The recent reduction of the GST for automobiles has allowed Indian buyers to purchase an SUV at a lower price point. The surging demand for cars that are both stylish and budget-friendly has led to a boom in the sub-₹10 lakh category. Enough said, if you’re in the market for a new SUV, here are five interesting options worth your consideration:
1. Tata Punch
The Tata Punch has become an exciting option for potential buyers. Boldly styled and loaded with advanced safety features, it has risen rapidly in popularity since its launch. The Punch is well equipped with a 1.2L petrol engine and an infotainment system, providing a balance of performance and comfort. Because of the GST savings, this SUV is also well under the ₹10 lakh mark.
2. Hyundai Exter
The newly launched Hyundai Enter is a cost-effective, compact SUV designed for young urban drivers. It boasts a segment-first feature-rich cabin with advanced safety technology and efficient petrol and CNG powertrains. Low pricing has allowed the Exter to emerge as a strong contender in the crowded SUV space.
3. Maruti Suzuki Brezza (Base Model)
With a reduction in Goods and Services Tax, the base model of Maruti Suzuki Brezza now comes in less than ₹10 lakh. It is a trustworthy and mileage-friendly car that provides a smooth ride while also providing substantial cabin space. For families that desire a good deal and efficiency, it continues to be a popular alternative.
4. Nissan Magnite
The Nissan Magnite provides premium design and features to the value segment. With turbo-petrol engine options, a modern touchscreen system, and advanced safety features, it is a bold, affordable SUV option priced less than ₹10 lakh.
5. Kia Sonet (Base Model)
The base model of the Kia Sonet is now available for less than ₹10 lakh thanks to price revisions. With modern design features, safety equipment, and Kia’s excellent brand image, it is a strong consideration for first-time SUV buyers.
Effect of GST Reduction
Tata Punch
- Starting price: ₹5.50 lakh (ex-showroom)
- Price cuts range from around ₹61,000 to over ₹1.08 lakh, depending onvthe variant
Hyundai Exter
- Starting price: ₹5.49 lakh (ex-showroom)
- Price cuts range from approximately ₹31,000 up to ₹89,600 across variants
Maruti Suzuki Brezza (Base Model)
- Base model now starts at ₹8.25 lakh (ex-showroom)
- Price reduction ranges from ₹43,000 to ₹1.12 lakh depending on variant
Nissan Magnite
- Starting price: ₹5.62 lakh (ex-showroom)
- Price cuts range roughly from ₹52,000 to ₹1 lakh, depending on the variant
Kia Sonet (Base Model)
- Base model price now ₹7.30 lakh (ex-showroom)
- Price reductions up to ₹1.64 lakh across trims, with an average of around 8.7% for base models
These prices reflect ex-showroom rates after the 2025 GST revision.
Due to GST reductions, car enthusiasts, particularly those looking for budget SUVs, are in good spirits since lower tax ratios lead to lower on-road prices, allowing more reasonable access to SUVs for middle-class families. This could lead to increased sales and growth in the SUV market in India.
